CYPHERPUNK TECHNOLOGIES INC.·4

Mar 17, 6:01 PM ET

Oei Khing Djien 4

4 · CYPHERPUNK TECHNOLOGIES INC. · Filed Mar 17, 2026

Research Summary

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Cypherpunk (CYPH) Director Oei Khing Djien Receives 168,750 Shares

What Happened
Oei Khing Djien, a director of Cypherpunk Technologies Inc. (CYPH), had a total of 168,750 restricted stock units (RSUs) convert into common shares on March 13, 2026. This consisted of 74,700 RSUs from a November 11, 2025 grant and 94,050 RSUs from a December 23, 2025 grant. The RSUs were settled on a 1-for-1 basis for shares of common stock; no cash was paid or received in the settlement (reported as $0.00).

Key Details

  • Transaction date: March 13, 2026 (reported on Form 4 filed March 17, 2026).
  • Amounts: 74,700 shares (Nov 2025 RSUs) + 94,050 shares (Dec 2025 RSUs) = 168,750 shares settled.
  • Price/value: Settled 1-for-1; no cash paid or received (reported as $0.00 / N/A).
  • Footnotes: Nov 2025 and Dec 2025 RSUs were granted for no consideration and vested at issuance; both were settled on March 13, 2026.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Timeliness: Form 4 filed March 17, 2026; filing date is consistent with timely reporting requirements for a March 13 transaction.

Context

  • The filings use transaction code "M" (exercise or conversion of a derivative); here it reflects RSUs converting into underlying common stock rather than an open-market buy or sale.
  • This is an award settlement (not a purchase or sale), so it represents share issuance from prior grants rather than a directional trade by the insider.
  • Such settlements are common following equity grants and, by themselves, should not be interpreted as a buy or sell signal.

Insider Transaction Report

Form 4
Period: 2026-03-13
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-13+74,70074,700 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-13+94,050168,750 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-1374,7000 total
    Exercise: $0.00Common Stock (74,700 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F4]
    2026-03-1394,0500 total
    Exercise: $0.00Common Stock (94,050 underlying)
Footnotes (4)
  • [F1]74,700 Restricted Stock Units ("RSUs") previously granted by Cypherpunk Technologies Inc. (the "Company") to the reporting person on November 11, 2025 pursuant to the Company's 2022 Equity Incentive Plan for no consideration (the "November 2025 RSUs") were settled on March 13, 2026 on a 1 for 1 basis for shares of the Company's common stock, par value $0.001 per share ("Common Stock").
  • [F2]94,050 RSUs previously granted by the Company to the reporting person on December 23, 2025 pursuant to the Company's 2025 Equity Incentive Plan for no consideration (the "December 2025 RSUs") were settled on March 13, 2026 on a 1 for 1 basis for shares of Common Stock.
  • [F3]The November 2025 RSUs vested at issuance on their grant date.
  • [F4]The December 2025 RSUs vested at issuance on their grant date.
Signature
/s/ Douglas E. Onsi, as attorney-in-fact for the reporting person|2026-03-17

Documents

1 file
  • 4
    tm269084-8_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT