Oei Khing Djien 4
Research Summary
AI-generated summary
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.