CEO Passley Shaun Holds 7.7 M ZenaTech Shares, Signals Confidence Despite Volatile Market

Insider Activity Spotlight: CEO Passley Shaun’s Recent Holdings

Overview of the Latest Disclosure

ZenaTech Inc. has filed a Form 3 with the Securities and Exchange Commission, confirming that Chief Executive Officer Passley Shaun retains a substantial equity position. As of March 18 2026, Shaun owns approximately 7.7 million common shares, representing roughly 3.1 % of the outstanding equity, in addition to a block of 145,000 super‑voting shares. The filing was a routine holding confirmation; no new shares were issued or disposed of, and the price per share remained unchanged at $2.19, the closing price of that trading day.

Interpretation for Investors

Stable insider ownership is often viewed as an indicator of management confidence. Shaun’s continued presence at the helm, coupled with his maintained shareholdings, suggests a belief that ZenaTech’s diversified portfolio—encompassing cloud‑based enterprise software, counter‑drone technology, and quantum computing—will appreciate over the long term. However, the current market environment tempers this optimism. The stock has declined approximately 6.5 % over the past week and 20 % over the month, and a negative price‑to‑earnings ratio of –3.58 highlights earnings pressure or an elevated valuation relative to present profits.

Insider Trends in a Volatile Landscape

Historical insider filings reveal that Shaun has not been actively divesting; his share count has remained broadly flat across recent periods. When insiders maintain or increase holdings amid broader market volatility—such as the recent 394 % spike in social‑media buzz—it can signal that management perceives upside that external investors may have overlooked. Conversely, a shift toward off‑loading shares could raise concerns about internal expectations of future performance.

Strategic Outlook: Counter‑Drone and Cloud Growth

ZenaTech’s flagship initiatives—including the Interceptor P‑1 drone and the expanding counter‑UAS ecosystem—position the company within a niche yet rapidly expanding defense market. Coupled with its enterprise software solutions for healthcare, public safety, and facility management, the firm’s diversified revenue streams could help stabilize earnings in the near term. Investors should monitor upcoming prototype milestones, regulatory approvals, and potential government contracts, as these developments could trigger a valuation reset.

Implications for the Trading Desk

While the filing does not signal a change in ownership dynamics, the sustained CEO stake amid a weak equity market suggests a measured optimism about ZenaTech’s growth avenues. Traders and portfolio managers might view this as a cue to monitor upcoming product launches and contract announcements for a potential breakout, but should also remain cognizant of the company’s earnings volatility and the broader macro‑tech sell‑off.