Dyrness Albert D. 4

What Happened

• Albert D. Dyrness, a director of Hyperliquid Strategies Inc. (ticker: PURR), was granted 40,789 restricted stock units (RSUs) on 2026-02-09. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total reported value $0).
• This was an equity grant (award), not an open-market purchase or sale—awards are issuance events and do not represent an immediate cash outlay or sale of shares.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-11 (filed within the typical 2-business-day Form 4 window).
• Price reported: $0.00 per share; Shares awarded: 40,789 RSUs.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: The RSUs vest over a three-year schedule — one-third on each of Dec 2, 2026, Dec 2, 2027, and Dec 2, 2028 (see footnote F1).
• Transaction code: A = Award/Grant.

Context

• RSUs represent a promise to deliver shares upon vesting; they are not immediately tradable shares and typically vest according to the schedule noted above. Such grants compensate or incentivize insiders but don’t necessarily signal near-term buying or selling intent.
• Because this is an award (not a purchase or sale), it’s primarily compensation-related rather than a direct market sentiment indicator.