Cooper Kenneth Lyle 4
4 · Z Squared Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Z Squared (ZSQR) Director Kenneth Cooper Receives RSU Award
What Happened
- Cooper Kenneth Lyle (director) received a grant of 9,868 restricted stock units (RSUs) on April 27, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 per share; the grant had a grant-date fair value of $150,000.
- This is an equity award (not an open-market purchase or sale). The RSUs convert to one share of common stock each upon vesting and do not expire.
Key Details
- Transaction date and filing: Grant dated April 27, 2026; Form 4 filed April 30, 2026.
- Security and quantity: 9,868 RSUs (derivative award) reported at $0.00 per share.
- Grant value: Grant-date fair value reported as $150,000 (per footnote; number of RSUs was determined by dividing $150,000 by the fair market value on the grant date).
- Vesting: 36 equal monthly installments beginning April 27, 2026, contingent on continued Board service.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Filed within days (reported period 4/27/2026; Form 4 filed 4/30/2026) — no late filing flag noted.
Context
- RSUs are a contingent award that become actual shares only as they vest; they are not an immediate cash purchase or sale. Such grants are routine compensation for non-employee directors and do not by themselves indicate a buy or sell signal.
- Each RSU entitles the holder to one share upon vesting; there is no expiration date on the RSUs per the footnote.
Insider Transaction Report
Form 4
Z Squared Inc.ZSQR
Cooper Kenneth Lyle
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-04-27+9,868→ 9,868 totalExercise: $0.00→ Common Stock (9,868 underlying)
Footnotes (1)
- [F1]On June 4, 2025, the issuer's predecessor (Z Squared, Inc., a Wyoming corporation) and the reporting person entered into an Independent Director Agreement, pursuant to which the reporting person was granted an initial award of restricted stock units ("RSUs") having a grant-date fair value of $150,000. The RSUs were granted pursuant to Section 3(b) of the Independent Director Agreement, the issuer's 2025 Incentive Compensation Plan, and Non-Employee Director Compensation Program. Each RSU represents a contingent right to receive one share of the issuer's common stock upon vesting and has no expiration date. The number of RSUs reported was determined by dividing $150,000 by the fair market value of the common stock on April 27, 2026 (the grant date), rounded down to the nearest whole share. The RSUs vest in thirty-six (36) equal monthly installments commencing April 27, 2026, subject to the reporting person's continued Board service through each vesting date.
Signature
/s/ Kenneth Cooper|2026-04-30