LEIBOWITZ LAWRENCE E 4

What Happened Lawrence E. Leibowitz, a director of Hyperliquid Strategies Inc. (PURR), received an award of 2,117 shares on July 1, 2026. The filing lists this transaction as an award/acquisition (code A) and shows no purchase price (N/A) because the shares were received as compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-06 (filed 5 days after the transaction; Form 4s are typically due within 2 business days, so this appears late).
• Shares awarded: 2,117; Price: N/A (compensation issuance).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — these shares represent the portion of compensation the reporting person elected to receive as stock in lieu of cash under the Issuer's 2025 Equity Incentive Plan.
• Transaction code: A (award/acquisition).

Context This was a compensation award (director elected stock in lieu of cash), not an open-market purchase or sale. Such awards reflect compensation choices and do not by themselves indicate buying or selling sentiment. No sale proceeds or exercise activity are reported in this filing.