secwatch.observer — SEC 8-K summary
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Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001213900-26-008939
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026008939/0001213900-26-008939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026008939/ea0274464-8k_zoned.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-008939

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer