Olsen Sarah Josephine 4
4 · TON Strategy Co · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
TON Strategy (TONX) CFO/COO Sarah Olsen Forfeits 669,820 RSUs
What Happened
- Sarah Josephine Olsen, TON Strategy Co's CFO and COO, voluntarily forfeited a total of 669,820 restricted stock units (RSUs) on April 29, 2026. The filing shows two dispositions: 37,956 RSUs (code J) and 631,864 RSUs (code J). No per-share price or cash proceeds are reported (N/A), because these were unvested awards that were cancelled rather than sold.
Key Details
- Transaction date: 2026-04-29 (Form 4 filed 2026-05-01).
- Dispositions: 37,956 RSUs and 631,864 RSUs — total 669,820 RSUs forfeited.
- Price/Proceeds: N/A — forfeiture of unvested awards, not an open-market sale.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = voluntary forfeiture of RSUs granted Aug 7, 2025 (unvested); F2 = voluntary forfeiture of RSUs granted Oct 7, 2025 (unvested).
- Filing timeliness: Form 4 was filed on 2026-05-01 for a 2026-04-29 transaction; this appears within the standard 2-business-day reporting window.
Context
- This action cancels unvested equity awards and did not generate cash proceeds. Forfeiture of unvested RSUs is an administrative disposition (code J here) and is distinct from an open-market sale or purchase; it does not in itself signal insider buying or selling for cash.
Insider Transaction Report
Form 4
TON Strategy CoTONX
Olsen Sarah Josephine
CFO & COO
Transactions
- Other
Common Stock
[F1]2026-04-29−37,956→ 631,864 total - Other
Common Stock
[F2]2026-04-29−631,864→ 0 total
Footnotes (2)
- [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.
- [F2]Reflects a voluntary forfeiture by the Reporting Person of RSUs that were previously granted on October 7, 2025. At the time of forfeiture, the RSU award was not vested or settled, in full or in part.
Signature
/s/ Sarah Olsen|2026-05-01