Form 4 for TONX TON Strategy Co
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-10 · accession 0001493152-25-009749 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-10 | 2025-03-10 | TONX | CUTAIA RORY J. | COB, Pres, CEO, Dir | A - Grant | $0.00 | +60.0K | 187.7K | +47% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-10 | A | A | 60,000 | $0.00 | 187,725 | D | — | — | (F1) On October 31, 2024, the board of directors of the Issuer (the "Board") instituted and adopted a Corporate Action, Change of Control, and Extraordinary Performance Agreement, pursuant to which the Board determined to grant 60,000 restricted stock units (the "RSUs") to the Reporting Person upon the achievement of certain Q4 2024 revenue-based performance metrics. On March 10, 2025, the grant date, the Board determined that the revenue-based performance metrics had been achieved and granted the RSUs to the Reporting Person. The RSUs vested on the grant date. (F2) The total reported in Column 5 includes the (i) 60,000 newly awarded restricted stock units, of which all 60,000 have vested, (ii) 75,873 restricted stock units, of which 0 have vested, (iii) 50,968 restricted stock units, of which 0 have vested, and (iv) 884 shares of common stock. |