ONSI DOUGLAS E 4
4 · CYPHERPUNK TECHNOLOGIES INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Cypherpunk Technologies (CYPH) CEO Douglas Onsi Receives RSU Award
What Happened Douglas E. Onsi, CEO and director of Cypherpunk Technologies Inc. (also listed as CFO, President, General Counsel, Treasurer & Secretary), was granted 1,000,000 restricted stock units (RSUs) on July 1, 2026. The award was issued for no cash consideration (reported price $0.00) as a derivative grant under the company's 2025 Equity Incentive Plan (transaction code A). These RSUs represent a right to receive one common share per vested RSU in the future rather than an immediate share purchase or sale.
Key Details
- Transaction date: July 1, 2026; Form filed July 2, 2026 (timely).
- Grant: 1,000,000 RSUs; reported price $0.00; classified as a derivative award.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs settle 1-for-1 for Common Stock and were issued for no consideration. F2 — Vesting: 12/36 vested on June 15, 2027, then 1/36 on the 15th of each month thereafter, subject to continued service; settlement of vested RSUs occurs at specified payroll periods and is subject to tax withholding.
- Filing status: appears timely (reported period 2026-07-01, filed 2026-07-02).
Context RSUs are a form of equity compensation that convert to actual shares only when they vest; this award does not represent an immediate open-market purchase or sale. Such grants are common for executives and can dilute existing shares when settled. The vesting schedule means the economic interest vests over time and is contingent on continued service and the settlement rules described in the footnotes.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-07-01−1,000,000→ 1,000,000 totalExercise: $0.00→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") to be settled on a 1 for 1 basis for shares of Cypherpunk Technologies Inc. ("Company") common stock, par value $0.001 per share ("Common Stock"). The RSUs were issued under the Company's 2025 Equity Incentive Plan for no consideration.
- [F2]The RSUs will vest at (i) 12/36th on June 15, 2027 and (ii) 1/36th on the fifteenth (15th) day of each month thereafter (each, a "Vesting Date"), subject to the reporting person's continued service with the Company. Subject to the terms of the RSU award and applicable tax withholdings, the Company shall settle vested RSUs for Common Stock on the earliest to occur of (i) the first payroll period on or after the date the reporting person's employment with or service to the Company ceases, (ii) the first payroll period on or after the fifteenth (15th) day of the calendar month of June following any such Vesting Date applicable to such vested RSU or (iii) the first payroll period on or after the fifteenth (15th) day of the month of December following any such Vesting Date.