Z Squared Inc.: Chief technology officer Harris Jeffery Keeslar received 100,000 shares

What happened

• The filing says Harris Jeffery Keeslar, chief technology officer, was granted a nonqualified stock option to purchase 100,000 shares. The Form 4 reports acquisition of 100,000 derivative shares at $0.00 on Oct 2, 2026, with an exercise price of $13.56 per share (Nasdaq closing price on Jun 24, 2026).

Key details

• Transaction date and price: Oct 2, 2026; grant recorded as an acquisition of 100,000 derivative shares at $0.00; exercise price $13.56 per share.
• Vesting and expiration: The option vests in full when the fair market value equals or exceeds $20.34 per share (150% of the fair market value on the effective date) as determined by the board or compensation committee, and remains exercisable until Jun 24, 2036, subject to the Plan and the Stock Option Award Agreement.
• Effective date and ratification: The grant was made effective as of Jun 24, 2026 and was ratified by the Compensation Committee as of Oct 2, 2026, per the reporting person's employment agreement.
• Shares owned after the transaction: The filing as provided does not state the reporting person's total shares owned following the transaction.
• Filing timing: The Form 4 was filed on Oct 5, 2026 reporting a transaction dated Oct 2, 2026.

Why it may matter

• This filing reports an option grant, not an option exercise or a sale; no cashless exercise or market sale is reported.
• The filing does not show why the insider traded or why the company acted.