KING THOMAS C. 4

What Happened

• Thomas C. King, a director of Hyperliquid Strategies Inc. (PURR), was granted/received 4,764 shares on July 1, 2026. No per-share price or total dollar value is reported (transaction marked as an award/grant, not a purchase or sale). The shares were elected in lieu of cash compensation under the issuer’s 2025 Equity Incentive Plan.

Key Details

• Transaction date: July 1, 2026
• Transaction type/code: Award/Grant (A)
• Shares acquired: 4,764 common shares
• Price/value: Not reported (N/A)
• Footnote: F1 — these shares were elected to be received as compensation in lieu of cash pursuant to the 2025 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the provided summary — see the filing for total beneficial ownership.
• Filing date: Form 4 filed with the SEC on July 6, 2026. Form 4s are generally due within two business days of the transaction; this filing occurred several calendar days later — confirm timeliness in the official filing.

Context

• This was a compensation award (shares received instead of cash), which is typically routine executive/director compensation and does not by itself indicate a buy or sell signal. No options were exercised and no securities were sold as part of this transaction. For full details and any additional holdings or related transactions, consult the complete Form 4 (Accession 0001193125-26-296313).