JACOBSON RACHEL 4
Research Summary
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Hyperion DeFi (HYPD) Director Rachel Jacobson Receives RSU Award
What Happened
Rachel Jacobson, a director of Hyperion DeFi, Inc. (HYPD), was awarded 58,917 restricted stock units (RSUs) on June 30, 2026. The filing lists the acquisition price as $0.00 (code A — grant/award). These RSUs do not represent immediately tradable shares; they convert to shares only upon satisfying the vesting conditions described below.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (reporting period 2026-06-30).
- Transaction type/code: A — Grant / Award (58,917 RSUs); acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Vesting/footnote: RSUs vest in full on the earlier of June 30, 2027 or the Issuer’s 2027 annual meeting, but vest immediately if (a) a defined Corporate Transaction occurs, or (b) the director’s service on the board ends for any reason other than a voluntary step-down.
- Filing timeliness: Report appears timely (no late-filing flag indicated).
Context
RSUs are a form of equity compensation that convert to common shares only after vesting; they require no cash outlay at grant (hence $0.00 acquisition price) but may be taxable when they vest. This award is a compensation event rather than an open-market purchase or sale and should be interpreted as a grant with specific vesting triggers, not an immediate change in tradable shareholdings.