Bullish (BLSH) Director Simon Karen Jo Receives Award

What Happened
Simon Karen Jo, a director of Bullish (BLSH), received a grant of 5,877 restricted share units (RSUs) on September 3, 2026. The Form 4 reports the grant at $0.00 per unit (total $0 on the filing), and each RSU represents the right to one ordinary share upon vesting. Per the grant terms, the RSUs vest in full on September 1, 2027.

Key Details

• Transaction date: 2026-09-03; filing date: 2026-09-10 (Accession: 0000929638-26-003492).
• Transaction type: Award/Grant of 5,877 RSUs (reported price $0.00; filing shows $0 total).
• Vesting: RSUs vest in full on September 1, 2027; each RSU converts to one ordinary share upon vesting (Footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Regulatory note: The issuer is a foreign private issuer; the filing states the transaction is exempt from Sections 16(b) and 16(c) of the Exchange Act.

Context
RSU grants are a form of equity compensation and do not represent an immediate purchase or sale of shares. They become shares only if and when they vest (here, Sept 1, 2027) and may be subject to tax withholding or other plan terms at vesting. Because this was an award rather than an open-market purchase or sale, it should be viewed as a compensation grant rather than a direct trading signal.