Form 4: Thumzup Media Director and 10% Owner Increases Stake with Preferred Stock Acquisition

Robert L. Haag, a Director and 10% Owner of Thumzup Media Corp, has reported the acquisition of Series A Preferred Convertible Voting Stock, signaling increased beneficial ownership in the company.

Summary

• Robert L. Haag, a Director and 10% Owner of THUMZUP MEDIA Corp (TZUP), reported a transaction on June 15, 2025, involving the acquisition of Series A Preferred Convertible Voting Stock.
• Mr. Haag acquired 639 shares of Series A Preferred Convertible Voting Stock.
• Each share of Series A Preferred Convertible Voting Stock converts into 15 shares of Common Stock at a reference rate of $3.00 per common share.
• The Series A Preferred Stock pays quarterly dividends of $0.875 per share, totaling $3.50 per share on an annualized basis, payable on March 15, June 15, September 15, and December 15.
• Dividends can be paid in cash or in shares of Series A Preferred Stock, with each share valued at $45.00 if paid in stock.
• The Series A Preferred Convertible Voting Stock is exercisable upon issuance and has no expiration date.
• Following the reported transaction, Mr. Haag beneficially owns 33,491 shares of Series A Preferred Convertible Voting Stock indirectly through Westside Strategic Partners, LLC, where he is the Managing Member and sole owner with voting control and investment discretion.

Sentiment

Score: 7

Explanation: The acquisition of additional preferred stock by a director and 10% owner, especially with attractive dividend terms, generally indicates strong insider confidence in the company's value and future prospects, which is a positive signal for investors.

Positives

• The acquisition of Series A Preferred Convertible Voting Stock by a director and 10% owner, Robert L. Haag, can be interpreted as a strong vote of confidence in the company's future prospects.
• The Series A Preferred Stock offers a defined dividend yield of $3.50 per share annually, providing a stable return component for investors in this class of security.
• The conversion feature into common stock at a $3.00 reference rate provides potential upside exposure to the company's common equity performance.

Future Outlook

The document, an SEC Form 4, primarily reports a change in beneficial ownership and does not contain explicit forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Industry Context

This Form 4 filing is specific to an insider transaction at Thumzup Media Corp and does not provide information on broader industry trends or competitive landscape. Insider buying, however, is generally viewed by the market as a positive signal of management's confidence in the company's future.

Related Party Transactions

• The transaction involves Robert L. Haag, a Director and 10% Owner of THUMZUP MEDIA Corp, acquiring shares from the company, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The acquisition by a key insider may instill greater confidence in the company's future performance and strategic direction.
• Company: Increased alignment between management/significant owners and shareholder interests.

Key Dates

Keywords

THUMZUP MEDIA Corp, TZUP, SEC Form 4, Beneficial Ownership, Insider Trading, Series A Preferred Stock, Convertible Stock, Robert Haag, Westside Strategic Partners, Corporate Governance