Smith Ryan Lewis 4

What Happened
Director Smith Ryan Lewis reported a disposition on Feb 18, 2026, where LCCA Holdings, LLC surrendered shares of ETHZilla common stock back to the company for cancellation. The Form 4 shows a disposition of 16,718 shares at $0.00 (total value $0). A footnote clarifies LCCA Holdings surrendered 16,178 shares for tax‑planning purposes and received no consideration; the Board approved the stock surrender. The filing was made on Feb 20, 2026 (Form 4).

Key Details

• Transaction date: 2026-02-18; Transaction code: J (other acquisition/disposition).
• Reported price: $0.00 per share; reported total value: $0.
• Share count discrepancy in the filing: transaction line lists 16,718 shares disposed; footnote F1 states 16,178 shares were surrendered for cancellation.
• Footnote F1: surrender was for tax planning; no consideration paid; Board approved the agreement.
• Footnote F2: the reporting person (Smith Ryan Lewis) is manager of LCCA Holdings, LLC and disclaims beneficial ownership of the shares owned directly by LCCA Holdings except for any pecuniary interest.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: Form 4 filed Feb 20, 2026 for a Feb 18 transaction (appears timely under Section 16 reporting deadlines).

Context
This was a stock surrender/cancellation (not an open‑market sale), which is typically administrative or tax‑related and does not necessarily reflect an insider buying or selling based on company outlook. Because the transaction involves shares owned by an LLC (LCCA Holdings) and the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest, interpret ownership and intent accordingly.