Hyperliquid (PURR) CEO David Schamis Receives 248,344 RSUs

What Happened David Ira Schamis, CEO and director of Hyperliquid Strategies Inc. (PURR), was granted 248,344 restricted stock units (RSUs) on September 28, 2026. The Form 4 reports the award as an acquisition (Code A) at $0.00 per share (total reported consideration $0). The award is a grant of RSUs rather than an open-market purchase or an immediate sale.

Key Details

• Transaction date: 2026-09-28; Form 4 filed: 2026-09-30 (appears timely—filed two days after the grant).
• Transaction type/code: Grant/Award (A).
• Shares/units granted: 248,344 RSUs @ $0.00 (reported total $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote (F1): RSUs vest over three years — one-third vesting on each of Sep 28, 2027; Sep 28, 2028; and Sep 28, 2029.
• No sale, exercise, or tax-withholding transaction reported in this filing.

Context RSUs are a compensation award that convert to actual shares only as they vest; they generally do not represent immediate buying or selling pressure. Because this is a time‑based grant with staged vesting, it reflects executive compensation rather than an immediate market bet by the CEO. The filing does not disclose Schamis’s post-grant total holdings, and there is no indication in this report of a 10% owner change or a 10b5-1 plan.