Peres Mark Wayne 4

What Happened

• Mark Peres, Chief Nuclear Officer of Deep Fission, was granted two derivative awards on Feb 19, 2026: 25,000 units and 15,000 units (total 40,000). Each award was reported at $0.00 per unit (typical for equity grants) and recorded as an award/grant (Form 4 code A). These are not immediate cash purchases or sales — they are equity awards subject to vesting.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the usual two business-day window).
• Reported price: $0.00 per unit; reported total value on the Form 4: $0.
• Shares owned after transaction: not specified in the filing.
• Footnote F1: The 25,000-unit award is an RSU-type grant that vests only after both a service requirement and a liquidity-event condition are met. Service vesting: 25% on the one-year anniversary, then monthly installments thereafter. Liquidity vesting: occurs on the earlier of a change in control, an IPO, or a direct listing.
• Footnote F2: The 15,000-unit award follows a standard option-style vesting schedule noted in the filing: 25% vests on the first vesting date and then 1/36th vests each month thereafter until fully vested.
• Transaction type: Award/Grant (derivative); not an outright purchase or sale.

Context

• These awards are subject to multi-condition vesting (service and/or liquidity), so they do not represent immediately tradable shares and should not be interpreted as an immediate market buy/sell signal. Awards at $0 are common for employee compensation; the economic value depends on future company performance and vesting triggers (including an IPO or change in control).