Rosengren Eric S 4

What Happened
Eric S. Rosengren, a director of Hyperliquid Strategies Inc. (PURR), was granted 7,367 restricted shares on 2026-04-01. The shares were issued at $0.00 as compensation elected in lieu of cash; the reported acquisition value is $0. This transaction is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
• Transaction type/code: A — Award/Grant.
• Shares acquired: 7,367 shares at $0.00; total reported cash value $0.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — these are restricted shares the reporting person elected to receive as compensation in lieu of cash under the Issuer's 2025 Equity Incentive Plan.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing.

Context
Restricted-share awards are typically subject to vesting and transfer restrictions, so they may not be immediately tradable. Because this was compensation rather than an open-market purchase or sale, it should be interpreted as routine executive compensation instead of a direct bullish or bearish trading signal.