Okamoto Kyle Robert 4

What Happened

• Kyle Robert Okamoto, President of Axe Compute Inc. (AGPU), received a grant of 300,000 derivative securities (reported on the Form 4 as a grant/award) on April 1, 2026. The filing reports a per-share price of $0.00 and a reported total value of $0 for the transaction. This was an equity compensation award (not a sale or open-market purchase).

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (filed within the standard two-business-day window).
• Instrument: 300,000 equity derivative awards (reported as an inducement award under Nasdaq Listing Rule 5635(c)(4)).
• Reported price/value: $0.00 per share; total reported $0 on the Form 4.
• Vesting: Three-year schedule — 1/3 vests on the first anniversary of the grant, then the remainder vests in equal monthly installments over the following 24 months, subject to continued employment.
• Shares owned after the grant: not specified in the provided summary of the filing.
• Footnote: award expressly granted as an inducement under Nasdaq Rule 5635(c)(4).

Context

• This filing documents an equity compensation grant, not an exercise or sale. As a grant, it generally signals management compensation/retention rather than a market-direction trade. The options (or other derivative awards) vest over time and would need to be exercised (and potentially sold) in a separate later transaction to convert into company shares.