Richard Christian M 4
4 · CYPHERPUNK TECHNOLOGIES INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Cypherpunk Technologies Director Richard Christian Receives RSU Award
What Happened
Richard Christian, a director of Cypherpunk Technologies Inc. (CYPH), was granted 75,000 restricted stock units (RSUs) on July 1, 2026. The Form 4 records the award as a derivative grant (transaction code A) at $0.00 — the RSUs were issued for no consideration under the company’s 2025 Equity Incentive Plan. These RSUs are not immediate shares; they convert to common stock on a 1-for-1 basis when settled.
Key Details
- Transaction date: July 1, 2026 (Filed with SEC on July 2, 2026). Transaction code: A (award/grant).
- Grant size and price: 75,000 RSUs at $0.00 (derivative grant).
- Vesting/settlement: Footnote states RSUs will vest on June 15, 2027 (F2). Footnote (F1) confirms 1-for-1 settlement into common stock; settlement timing described in the filing (see footnote F2).
- Consideration: Issued for no cash consideration under the 2025 Equity Incentive Plan (F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filed the next day (file date July 2, 2026) — within standard Section 16 reporting timing.
Context
RSU grants are a form of compensation and do not represent an immediate purchase or sale of shares. The holder receives actual shares only upon vesting and settlement (and subject to any tax-withholding). Such awards are common for directors and executives and should be viewed as compensation-related rather than a direct market bullish/bearish signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-07-01−75,000→ 75,000 totalExercise: $0.00→ Common Stock (75,000 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 on June 15, 2027. Subject to the terms of the RSU award and applicable tax withholdings, the Company shall settle the RSUs for Common Stock no later than the fifteenth (15th) day of the third (3rd) calendar month following the calendar year in which the date of grant occurs.