Changes in Beneficial Ownership · 4
Z Squared Inc.
Changes in Beneficial Ownership
Structured filing — 4
ownership.xml
Filing details
- Report period
- 2026-08-18
- Issuer
- Z Squared Inc.
- Issuer CIK
- 0001759186
- Trading symbol
- ZSQR
Reporting owner 1
- Name
- Schadel Christopher Ryan
- Reporting owner CIK
- 0001550967
- Relationship
- Officer
- Officer title
- Chief Marketing Officer
- Address
- C/O Z SQUARED INC., 550 SOUTH ANDREWS AVENUE, SUITE 700, FORT LAUDERDALE, FL, 33301
Non-derivative transactions
| Security | Transaction date | Code | Amount | A / D | Price (USD) | Owned after | Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | 2026-08-18 | P · Form 4 | 1,000 | A | 3.92 | 1,000 | D |
Table key
- P · Form 4
- Purchase on the market or privately
- A
- Acquired
- D
- Direct
Derivative transactions
| Security | Conversion / exercise price (USD) | Transaction date | Code | Amount | A / D | Price (USD) | Exercisable | Expires | Underlying security | Underlying shares | Owned after | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units[F1] | 0 | 2026-06-03 | A · Form 4 | 2,806 | A | 0 | [F1] | [F1] | Common Stock | 2,806[F1] | 12,674 | D |
| Stock Option (Right to Buy)[F2] | 15.2 | 2026-04-27 | A · Form 4 | 100,000 | A | 0 | [F2] | 2036-04-27 | Common Stock | 100,000 | 100,000 | D |
| Restricted Stock Units[F3] | 0 | 2026-04-27 | A · Form 4 | 9,868 | A | 0 | [F3] | [F3] | Common Stock | 9,868 | 9,868 | D |
Table key
- A · Form 4
- Acquisition by grant, award or otherwise under Rule 16b-3(d)
- A
- Acquired
- D
- Direct
Footnotes
- F1
- Represents Restricted stock units ("RSUs") granted under the issuer's 2025 Incentive Compensation Plan as a supplemental award in respect of the annual bonus under Section 3(b) of the reporting person's Executive Employment Agreement, dated April 27, 2026. The number of RSUs was determined by dividing $30,000 by the closing price per share on the Nasdaq Global Market on June 3, 2026 ($10.69), rounded down to the nearest whole share. Each RSU represents a contingent right to receive one share of common stock upon vesting and has no expiration date. The RSUs vest in equal quarterly installments over the one-year period commencing June 3, 2026, subject to continued employment on each vesting date.↩ 1↩ 2↩ 3↩ 4
- F2
- On April 27, 2026, the issuer and the reporting person entered into an Executive Employment Agreement (the "Employment Agreement"), pursuant to which the issuer agreed to grant the reporting person an option to purchase 100,000 shares of common stock at an exercise price equal to the fair market value of the common stock on the grant date. The Stock Option was granted pursuant to Section 3(c) of the Employment Agreement and the Z Squared, Inc. 2025 Incentive Compensation Plan. The Stock Option vests in full on the date the fair market value of the common stock increases by 50% above the grant-date fair market value, as determined by the Board in its reasonable discretion, and remains exercisable for ten (10) years from the grant date, subject to earlier termination under the 2025 Plan and applicable award agreement.↩ 1↩ 2
- F3
- In addition, pursuant to the Employment Agreement, the issuer agreed to grant the reporting person an annual bonus of restricted stock units ("RSUs") having a grant-date fair market value of $150,000. The RSUs were granted pursuant to Section 3(b) of the Employment Agreement and the Z Squared, Inc. 2025 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting and has no expiration date. The number of RSUs reported was determined by dividing $150,000 by the closing price per share of the common stock on the Nasdaq Global Market on April 27, 2026 (rounded down to the nearest whole share). The RSUs vest in equal quarterly installments over one year commencing on April 27, 2026, subject to the reporting person's continued employment with the issuer on each vesting date.↩ 1↩ 2↩ 3
Signature 1
- Signed
- /s/ Ryan Schadel
- Date
- 2026-08-20
Company context
Z Squared Inc. is a computing infrastructure company operating advanced computing equipment and expanding into AI infrastructure. The Company’s strategy is built on three principles: lead with power by acquiring operating sites where power is already flowing; build for AI workloads by converting that capacity into AI-ready colocation where the customer brings the compute and runs what they need; and scale with discipline by deploying conversion capital site by site, against signed contracts and operational readiness. Z Squared’s common stock began trading on the Nasdaq Global Market under the symbol “ZSQR” in April 2026.
Current securities
Historical securities (7)
BHSENASDAQ · EQUITY · Historical · closed Oct 28, 2022BHSEUNASDAQ · UNIT · Historical · closed Oct 28, 2022BHSEWNASDAQ · WARRANT · Historical · closed Oct 28, 2022COEPNASDAQ · EQUITY · Historical · closed Apr 24, 2026COEPWNASDAQ · WARRANT · Historical · closed Apr 24, 2026ZSQRNASDAQ · EQUITY · Historical · closed Oct 23, 2026ZSQRNASDAQ · EQUITY · Historical · closed Jul 6, 2026
Recent company filings
- 4 filingNov 13, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsNov 3, 2026
- 4/A filingOct 2, 2026
- Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Unregistered Sales of Equity Securities · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD DisclosureSep 14, 2026
- Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearSep 10, 2026