---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-035119"
form_type: "8-K"
ticker: "ZDPY"
cik: "0001279620"
company_name: "Zoned Properties, Inc."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:27:36.591064+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Zoned Properties approves $1M common stock repurchase program with unlimited duration

## Summary
- Board authorized repurchase of up to $1 million of common stock over an unlimited time period.
- Preferred stockholders (two holders owning 100% of preferred stock) approved the program.
- Repurchases may occur in open market, privately, or via Rule 10b5-1 plans, subject to Rule 10b-18.
- CEO Bryan McLaren cites strong cash flow, robust balance sheet, and valuation gap as rationale.
- Company not obligated to repurchase any shares; program may be suspended or modified at any time.

## SEC filing metadata
- accession: 0001213900-24-035119
- form_type: 8-K
- ticker: ZDPY
- cik: 0001279620
- company_name: Zoned Properties, Inc.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1279620/000121390024035119/0001213900-24-035119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1279620/000121390024035119/ea0204441-8k_zoned.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-035119
- JSON: https://secwatch.observer/filing/0001213900-24-035119.json
- Plain text: https://secwatch.observer/filing/0001213900-24-035119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.