Form 4: ETHZilla Director Gifts Shares for Estate Planning

ETHZilla Corp Director Ryan Lewis Smith gifted 16,718 shares of common stock to an LLC he manages for estate planning purposes, with no change in beneficial ownership for Section 16 reporting.

Summary

• Ryan Lewis Smith, a Director of ETHZilla Corp (ETHZ), reported a transaction involving 16,718 shares of common stock.
• On December 1, 2025, Mr. Smith gifted these shares to LCCA Holdings, LLC.
• LCCA Holdings, LLC is managed by Mr. Smith for the benefit of his family, and the transaction was for estate planning purposes.
• Despite the gift, there was no change in the beneficial ownership of the gifted shares for Section 16 reporting purposes, as Mr. Smith continues to manage the recipient entity.
• The transaction price for the gifted shares was $0.00.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for estate planning purposes, which is neutral in its impact on the company's operational or financial performance. It does not indicate any positive or negative developments for the company itself.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The Reporting Person gifted 16,718 shares of common stock to LCCA Holdings, LLC, which is managed by the Reporting Person for the benefit of the Reporting Person's family, for estate planning purposes.
• There was no change in the beneficial ownership of the gifted shares in connection with such transaction.
• The Reporting Person is the manager of LCCA Holdings, LLC and disclaims beneficial ownership of the shares of common stock owned directly by LCCA Holdings, LLC, except to the extent of his pecuniary interest therein.

Industry Context

This Form 4 filing details a personal estate planning transaction by a company director and does not provide information directly related to broader industry trends or competitive landscape.

Related Party Transactions

• Ryan Lewis Smith, a Director, gifted 16,718 shares of common stock to LCCA Holdings, LLC, an entity he manages for the benefit of his family. This constitutes a transaction between the director and an entity under his control.

Stakeholder Impact

• Shareholders: Minimal direct impact as the beneficial ownership for Section 16 purposes remains with the director, indicating no change in control or investment exposure.
• Reporting Person (Ryan Lewis Smith): The transaction facilitates personal estate planning objectives.

Key Dates

Keywords

ETHZilla Corp, ETHZ, Form 4, insider transaction, stock gift, beneficial ownership, estate planning, director