KING THOMAS C. 4

What Happened

• Thomas C. King, a director of Hyperliquid Strategies Inc. (PURR), was granted 7,367 shares on 2026-04-01. The shares were issued at $0.00 (no cash paid) as a compensation award, total cash value recorded $0. This is an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-04-01; Price: $0.00 per share; Shares acquired: 7,367.
• Total reported cash consideration: $0 (restricted shares issued in lieu of cash).
• Shares owned after the transaction: Not disclosed in the provided filing.
• Footnote: These are restricted shares the reporting person elected to receive as compensation in lieu of cash under the Issuer's 2025 Equity Incentive Plan.
• Filing: Form filed 2026-04-02 reporting the 2026-04-01 transaction; filing does not indicate lateness.

Context

• Awarded restricted shares typically vest over time and are a form of compensation rather than an outright purchase — they do not necessarily indicate immediate buying or selling intent.
• For retail investors, grants like this reflect standard director compensation; purchases are often more directly interpreted as personal bullish signals.