Marbach Mary 4

What Happened

• Mary Marbach, General Counsel and Corporate Secretary of TON Strategy Co (TONX), reported a disposition on 2026-04-29 reflecting the voluntary forfeiture of 311,908 restricted stock units (RSUs). The filing shows no sale price or proceeds (price: N/A), because the award was forfeited rather than sold or settled.

Key Details

• Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (timely).
• Transaction code: J (other acquisition or disposition); reported as a disposition (forfeiture).
• Shares/units involved: 311,908 RSUs forfeited.
• Price/proceeds: N/A — RSUs were unvested and not settled, so no cash or shares received.
• Footnote: Confirms this was a voluntary forfeiture of RSUs originally granted on October 6, 2025; the award was unvested at forfeiture.
• Shares owned after transaction: not disclosed in the filing.

Context

• A forfeiture cancels the unvested award and does not represent a market sale or purchase; it typically reflects cancellation of future compensation rather than trading intent. Retail investors should view this as an administrative compensation change rather than a direct insider buy/sell signal.