Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

Z Squared Inc.

ZSQR · Nasdaq · CIK 0001759186 · Technology · Software—Infrastructure

INSIDER SIGNAL

39.4 / 100

1 buyers · 1 purchase transaction lines · $3.9K gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeLow
RoleStrong
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+7.0 / 35
Purchase size+0.8 / 25
Role+18.0 / 20
Recency+3.6 / 10
Conviction+10.0 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
  • ⚠ Purchase size is modest relative to the model scale
  • ⚠ Purchase activity is becoming less recent
  • ✓ Role scores high · most senior buyer: Chief Marketing Officer

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Cooper Kenneth LyleDirector
○○○○○
Fuerst Bryan EricDirector
○○○○○
Sohn Adam CraigDirector
○○○○○
BSG Series CM, LLCTenPercentOwner
○
Burke Michelle EllenCo-Chief Executive Officer
○
Schadel Christopher RyanChief Marketing Officer
●
● Purchase▼ Sale○ Other

Showing the six most active owners; 3 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: Schadel Christopher Ryan · $3.9K
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-08-18–2026-08-18

Roles in the peak window: Chief Marketing Officer. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

39.4 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 39.7
  2. 39.7
  3. 39.6
  4. 39.5
  5. 39.4

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

1Purchases
0Sales
38Other Form 4 lines
18SEC filings · 365 days
BUYING1 qualifying P line(s) · 180 days
SELLING0 sale line(s) · context only
OTHER20 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot detected in parsed evidence

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
+79.1%
3M
-21.4%
6M
-52.6%
12M
-65.3%

Volatility & liquidity

Volatility
127.8%
Beta
—
Avg daily value
USD 2.6M

Valuation

Market cap
USD 300.0M
P/E
—

Fundamentals

Profit margin
-874.3%
ROE
-929564.4%
Industry
Software—Infrastructure

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Market cap, Profit margin, ROE · Fiscal year ended: 2025-12-31 · Market cap is the shares outstanding stated on the filing cover multiplied by the latest close. Share count date: 2026-08-11 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
4,536,025
Previous report
4,112,942
Avg daily volume
480,134
Days to cover
9.4

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-08-18Schadel Christopher RyanPurchase (P)Common Stock1,000USD 3.92USD 3,920SEC filing ↗
2024-01-12DeSilva TaraPurchase (P)Common Stock2,266USD 0.58USD 1,305SEC filing ↗
2024-01-10Cogley BrianPurchase (P)Common Stock5,000USD 0.67USD 3,350SEC filing ↗
2024-01-08Mehalick DavidPurchase (P)Common Stock20,004USD 0.66USD 13,263SEC filing ↗
2024-01-05Yerace Daniel AlexanderPurchase (P)Common Stock10,850USD 0.69USD 7,486SEC filing ↗
2024-01-05Salkind GenePurchase (P)Common Stock11,600USD 0.69USD 8,004SEC filing ↗
2024-01-05Mehalick DavidPurchase (P)Common Stock5,050USD 0.69USD 3,484SEC filing ↗
2024-01-05Cochran Christopher P.Purchase (P)Common Stock7,000USD 0.77USD 5,390SEC filing ↗
2023-08-29Salkind GenePurchase (P)Common Stock4,006USD 1.01USD 4,046SEC filing ↗
2023-08-25Salkind GenePurchase (P)Common Stock28,638USD 0.91USD 26,061SEC filing ↗
2023-08-23Calise ChrisPurchase (P)Common Stock11,582USD 0.94USD 10,887SEC filing ↗

Form 4 evidence

39 transaction lines in the latest 365-day window; 59 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-09-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-09-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-09-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-09-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-09-24Harris Jeffery KeeslarOption exercise / conversion (M)Common Stock12,444USD 0.00USD 0SEC filing ↗
2026-08-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-08-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-08-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-08-18Schadel Christopher RyanPurchase (P)Common Stock1,000USD 3.92USD 3,920SEC filing ↗
2026-07-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-07-27Halabu David EliasOption exercise / conversion (M)Common Stock19,737USD 0.00USD 0SEC filing ↗
2026-07-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-07-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-07-27Cogley BrianOption exercise / conversion (M)Common Stock4,112USD 0.00USD 0SEC filing ↗
2026-06-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-06-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-06-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-05-27Sohn Adam CraigOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-05-27Fuerst Bryan EricOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-05-27Cooper Kenneth LyleOption exercise / conversion (M)Common Stock274USD 0.00USD 0SEC filing ↗
2026-04-30BSG Series CM, LLCJ (J)Common Stock, $0.0001 par value41,521,276USD 0.00USD 0SEC filing ↗
2026-04-27Burke Michelle EllenAward / grant (A)Common Stock16,447USD 0.00USD 0SEC filing ↗
2026-02-11Yerace Daniel AlexanderOption exercise / conversion (M)Common stock10,000USD 10.41USD 104,100SEC filing ↗
2026-02-11Yerace Daniel AlexanderAward / grant (A)Common Stock20,000USD 0.00USD 0SEC filing ↗
2026-02-11Sheehy Christine EliseOption exercise / conversion (M)Common stock1,000USD 10.56USD 10,560SEC filing ↗
2026-02-11Sheehy Christine EliseAward / grant (A)Common Stock12,500USD 0.00USD 0SEC filing ↗
2026-02-11Salkind GeneOption exercise / conversion (M)Common stock5,700USD 10.56USD 60,192SEC filing ↗
2026-02-11Salkind GeneAward / grant (A)Common Stock3,250USD 0.00USD 0SEC filing ↗
2026-02-11Mehalick DavidOption exercise / conversion (M)Common stock148,875USD 7.05USD 1,049,569SEC filing ↗
2026-02-11Mehalick DavidAward / grant (A)Common Stock51,250USD 0.00USD 0SEC filing ↗
2026-02-11Deschamps PhilippeOption exercise / conversion (M)Common stock5,700USD 10.56USD 60,192SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerZSQR
CIK0001759186
SectorTechnology
IndustrySoftware—Infrastructure Yahoo Finance
SEC SIC6199 Finance Services
ExchangeNasdaq

Data coverage

Local Form 4 history59 transaction lines from 2020-12-14 to 2026-09-27
14 P purchase lines · 3 S sale lines · 42 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.