Mashiach Nissim 4
Research Summary
AI-generated summary
Cypherpunk (CYPH) Director Mashiach Nissim Receives 75,000 RSU Award
What Happened
- Mashiach Nissim, a director of Cypherpunk Technologies Inc. (CYPH), was granted 75,000 restricted stock units (RSUs) on July 1, 2026. The award was issued for no cash consideration (reported price $0.00) and is recorded as a derivative grant. Each RSU is intended to be settled 1-for-1 for a share of the company’s common stock when settled.
Key Details
- Transaction date: July 1, 2026; Form filed July 2, 2026 (Accession 0001104659-26-080490).
- Grant: 75,000 RSUs; reported consideration: $0.00 (award/derivative, code A).
- Vesting: RSUs will vest on June 15, 2027 (footnote F2).
- Settlement: RSUs represent 1-for-1 shares of common stock and will be settled in shares per the award terms (footnote F1); filing states settlement timing subject to award terms and tax withholding and references a settlement deadline in the filing (see F2).
- Shares owned after transaction: not disclosed in the filing.
- Timeliness: No late filing flag shown.
Context
- RSUs are compensation awards, not open-market purchases or sales; they convert to actual shares only after vesting/settlement, so this is not an immediate buy signal. Such grants are routine corporate compensation and should be viewed as part of director compensation rather than a direct market-timing move.