Cary Nicolas Claude 4
4 · TON Strategy Co · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
TON Strategy (TONX) Director Cary Nicolas Claude Forfeits RSUs
What Happened
Cary Nicolas Claude, a director of TON Strategy Co (TONX), voluntarily forfeited 14,803 restricted stock units (RSUs) on April 29, 2026. The Form 4 reports the disposition as an "other acquisition or disposition" (transaction code J) with no price or cash proceeds (N/A), because the RSUs were unvested and were not settled at the time of forfeiture.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (filed within the typical two-business-day window).
- Shares/units affected: 14,803 RSUs disposed (forfeited). Price per share: N/A; no sale proceeds.
- Footnote: The forfeiture was voluntary and involves RSUs originally granted on August 7, 2025; the award was unvested/not settled when forfeited.
- Post-transaction holdings: Not specified in the filing.
Context
A forfeiture of unvested RSUs is different from an open-market sale—there are no proceeds and it removes potential future shares that would have vested. Such forfeitures can occur for administrative, employment-status, or other contractual reasons and are not, by themselves, a clear signal of an insider’s view on the company’s stock.
Insider Transaction Report
- Other
Common Stock
[F1]2026-04-29−14,803→ 0 total
Footnotes (1)
- [F1]Reflects a voluntary forfeiture by the Reporting Person of restricted stock units ("RSUs") that were previously granted on August 7, 2025. At the time of forfeiture, the RSU award was not vested or settled, in full or in part.