---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-116726"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:53:44.718430+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ETHZilla rescinds Nov 12 restricted stock awards to CEO and directors after shareholder feedback

## Summary
- Board and Compensation Committee rescinded all restricted stock awards granted to CEO McAndrew Rudisill and each director on Nov 12, 2025, effective immediately.
- No consideration was paid for the cancellations; awards are void ab initio.
- CFO John Saunders' grant made on Nov 12, 2025, is unaffected by the rescission.
- Board and Compensation Committee will continue to evaluate appropriate equity awards for CEO and directors.

## SEC filing metadata
- accession: 0001213900-25-116726
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390025116726/0001213900-25-116726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390025116726/ea0267909-8k_ethzilla.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-116726
- JSON: https://secwatch.observer/filing/0001213900-25-116726.json
- Plain text: https://secwatch.observer/filing/0001213900-25-116726.txt

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