Changes in Beneficial Ownership · 4
Z Squared Inc.
ZSQRNASDAQEQUITYCurrent
Changes in Beneficial Ownership
Structured filing — 4
ownership.xml
Filing details
- Report period
- 2026-10-27
- 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 | 2026-10-27 | M · Form 4 | 2,467[F2] | A | 0[F2] | 6,636 | D |
Table key
- M · Form 4
- Exempt derivative exercise or conversion under Rule 16b-3
- 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 | 2026-10-27 | M · Form 4 | 2,467 | D | [F2] | [F1] | [F1] | Common Stock | 2,467 | 7,038[F3] | D |
Table key
- M · Form 4
- Exempt derivative exercise or conversion under Rule 16b-3
- D
- Direct
Footnotes
- F1
- On April 27, 2026, pursuant to Section 3(b) of the reporting person's Executive Employment Agreement, dated April 27, 2026, the issuer granted the reporting person 9,868 restricted stock units ("RSUs") representing an annual bonus award with an aggregate grant-date fair market value of $150,000. The grant was previously reported on the reporting person's Form 4 filed on April 30, 2026. Each RSU represents a contingent right to receive one share of common stock upon vesting and has no expiration date. The RSUs vest in four equal quarterly installments of 2,467 RSUs over the one-year period commencing on April 27, 2026 (on each of July 27, 2026, October 27, 2026, January 27, 2027 and April 27, 2027), subject to the reporting person's continued employment with the issuer on each vesting date.↩ 1↩ 2↩ 3
- F2
- Represents the second quarterly vesting of the RSUs described in footnote 1, which vested on October 27, 2026. Each RSU was settled in one share of common stock for no consideration.↩ 1↩ 2↩ 3
- F3
- The number of derivative securities beneficially owned following the reported transaction includes 4,934 RSUs remaining from the April 27, 2026 grant described in footnote 1 and 2,104 RSUs remaining from the 2,806 RSUs granted to the reporting person on June 3, 2026 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, previously reported on the reporting person's Form 4 filed on June 8, 2026 and the reporting person's Form 4/A filed on October 2, 2026. The June 3, 2026 RSUs vest in four substantially equal quarterly installments (subject to rounding) on each of September 3, 2026, December 3, 2026, March 3, 2027 and June 3, 2027, subject to continued employment on each vesting date.↩ 1
Remarks
The shares of common stock reported in Table I as acquired upon settlement of restricted stock units were issued under the issuer's registration statement on Form S-8 filed with the Securities and Exchange Commission on August 21, 2026.
Signature 1
- Signed
- /s/ Elissa Stall, as Attorney-in-Fact for Ryan Schadel
- Date
- 2026-11-13
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
- 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
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsAug 26, 2026