Blackwell Berekk Alan 4

What Happened
Alan Blackwell, President and Chief Operating Officer of Zoned Properties, was granted 150,000 restricted shares (transaction code A) on January 28, 2026. The grant was issued at $0.00 per share (no cash paid) and the filing shows the award was fully vested at issuance. A footnote states the grant was made under the company’s 2016 Equity Incentive Plan and is subject to forfeiture and clawback provisions.

Key Details

• Transaction date: 2026-01-28; Form 4 filed: 2026-03-17 (appears late relative to the typical 2-business-day filing window).
• Price: $0.00 per share; total cash paid: $0.
• Shares granted: 150,000 restricted shares (award).
• Vesting: Fully vested at issuance per footnote.
• Shares owned after transaction: Not specified in the provided summary filing.
• Footnote: Grant made pursuant to 2016 Equity Incentive Plan; subject to forfeiture and clawback.

Context
Restricted-stock awards are typically compensation rather than open-market purchases or sales; they don't necessarily signal immediate bullish or bearish sentiment. This grant is notable because it vested immediately at issuance, giving the insider immediate ownership (albeit with forfeiture/clawback terms). The delayed filing may be material to oversight or compliance considerations for some investors.