Halabu David Elias, the Chief Executive Officer of Z Squared Inc., has reported new stock transactions that underscore his significant role in the company. This filing, dated October 2, 2026, reveals details about stock acquisitions and the ongoing incentive structures in place for executive leadership.
Background
Z Squared Inc., identified by the Central Index Key (CIK) 0001759186, operates within the finance services sector. The company has undergone name changes in the past, previously known as Coeptis Therapeutics Holdings, Inc. and Bull Horn Holdings Corp. The most recent filing was made on October 2, 2026, with the form type being a 4, indicating changes in ownership by an executive.
What the Filing Says
The SEC filing indicates that on July 27, 2026, Elias acquired 19,737 shares of common stock as part of a quarterly vesting of restricted stock units (RSUs). These RSUs were granted under the issuer's 2025 Incentive Compensation Plan as an annual bonus award, calculated based on a $1.2 million value divided by the closing price per share on the Nasdaq Global Market. The filing notes, "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." Additionally, Elias holds 1,412,855 shares of common stock indirectly through SMSC Capital Holdings LLC.
Impact
This update may affect various stakeholders, including investors and employees of Z Squared Inc. The continued vesting of RSUs not only incentivizes Elias but also signals to the market that the company is focused on aligning executive interests with those of shareholders. The finance services sector may observe similar practices as companies aim to attract and retain top talent amid competitive pressures.
What's Next
The filing does not say what happens next.