Alpha Compute (ALP) Chairman Fiorenzo Villani Buys 7,000 Shares

What Happened

• Fiorenzo Villani, Chairman of the Board and President of Alpha Compute Corp (ALP), made an open-market purchase of 7,000 ordinary shares on 2026-09-09 at $5.07 per share, totaling $35,455.
• The Form 4 also reports non-cash awards and derivative grants: 12,359 RSUs granted and fully vested on 2026-04-29, 11,735 shares granted to affiliated entity Alpha AI on 2026-04-29 (held by Alpha AI), and 10,906 option shares granted on 2026-05-14 with 75% vesting immediately and the remainder vesting over the next two months.

Key Details

• Transaction dates & prices:
  • 2026-09-09: Open-market purchase — 7,000 shares @ $5.07 ($35,455).
  • 2026-04-29: RSU award — 12,359 RSUs (vested) reported at $0 (non-cash award).
  • 2026-04-29: 11,735 ordinary shares granted to Alpha AI (entity-held).
  • 2026-05-14: Option grant — 10,906 option shares (post-split); 75% vested May 14, remainder vested monthly over two months.
• Reported holdings (post‑split basis): 12,359 vested RSUs, 7,000 open‑market shares acquired, 11,735 shares held by Alpha AI (disclaimed), and 10,906 option shares (partially vested). Numbers have been adjusted to reflect a 1‑for‑50 reverse split effective Sept 9, 2026.
• Footnotes/ownership disclaimers: Shares granted to Alpha AI are held by that entity; Villani is President of Alpha AI but disclaims beneficial ownership of those shares. Similarly, another entity (Alpha Sigma Capital Advisors, LLC) is referenced with a disclaimer.
• Filing timing: The Form 4 was filed on 2026-09-14 and reports transactions as early as 2026-04-29, so the April/May grants appear to have been reported months after the grant dates (the purchase on 2026-09-09 was reported promptly).

Context

• RSUs: The 12,359 RSUs granted on 4/29 represented rights to receive shares and fully vested on the grant date (non-cash compensation).
• Options: The May option grant gives the right to buy ordinary shares; most of those option shares vested immediately (75%), with the rest vesting shortly thereafter. There is no indication the option shares were exercised for cash or sold in this filing.
• Entity-held shares: Grants to Alpha AI are held by that entity; Villani disclaims beneficial ownership for Section 16 purposes. Purchases by an insider (the 7,000-share open-market buy) are generally considered more informative than awards, but filings are factual — they do not state motives.