Zoned Properties cancels unvested options, grants restricted stock to execs and directors

Zoned Properties, Inc.

CEO Bryan McLaren salary increased 10% to $275,000; President Berekk Blackwell to $210,000.
All unvested options (298,750 shares) held by execs and directors canceled as of Jan 19, 2026.
Restricted stock issued: McLaren 250k, Blackwell 150k, each director 200k; forfeitable until Dec 31, 2027.
Non-executive Patrick Moroney received 150k restricted shares; all recipients get tax gross-up up to 35%.
Changes tie to previously disclosed asset purchase with BPB Partners (management buyout) on Jan 15, 2026.

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