Mirabelli Christopher 4

What Happened

• Christopher Mirabelli, a director of Cypherpunk Technologies Inc. (CYPH), received 168,750 shares of common stock on March 13, 2026. The shares came from the settlement/conversion of previously granted Restricted Stock Units (RSUs): 74,700 RSUs (Nov 11, 2025 grant) and 94,050 RSUs (Dec 23, 2025 grant). The Form 4 reports these as derivative conversions (transaction code M). No cash was paid—the filings show $0.00 consideration for the conversions.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed within the normal two-business-day window).
• Shares received: 74,700 + 94,050 = 168,750 common shares; price/consideration shown as $0.00 (settlement of RSUs).
• Footnotes: Nov 2025 RSUs (74,700) and Dec 2025 RSUs (94,050) were granted for no consideration and vested at issuance; both were settled 1-for-1 for common stock on March 13, 2026.
• Shares owned after the transaction are not specified in the provided data.

Context

• These transactions represent the settlement/conversion of RSU awards into common stock (an award realization), not an open‑market purchase or sale. The RSUs vested at grant and were simply converted into shares on the settlement date; that process is typically administrative and does not by itself indicate buying or selling intent.