Sanfilippo Thomas 4/A
Research Summary
AI-generated summary
WhiteFiber (WYFI) CTO Sanfilippo Receives 4,412 Shares from RSU Vesting
What Happened
Thomas Sanfilippo, Chief Technology Officer of WhiteFiber, had 4,412 restricted stock units (RSUs vest) convert into ordinary shares (reported as a derivative conversion). The shares were issued on Feb 4, 2026 and were valued at $19.51 per share (closing price on Jan 30, 2026), giving a fair-market value of about $86,078.
Key Details
- Transaction date(s): RSUs vested Jan 31, 2026; shares issued Feb 4, 2026; Form 4 filed (amended) on Feb 12, 2026.
- Transaction type/code: M — exercise/conversion of derivative (conversion of vested RSUs to shares).
- Shares acquired: 4,412; per-share valuation: $19.51 (closing price on Jan 30, 2026); total value ≈ $86,078.
- Remaining awards: 48,532 RSUs remain and will vest in equal quarterly installments from Feb 1, 2026 through Oct 31, 2028 (per footnote).
- Filing status: This is an amended Form 4 filed Feb 12, 2026 for a Feb 4 issuance (filed more than two business days after the transaction).
Context
This was a vesting/conversion of previously granted RSUs (an award being settled in shares), not an open‑market purchase or sale. Such vesting is generally routine compensation-related activity and does not, by itself, indicate a buy/sell signal. The filing amends the original report; investors may want to monitor future filings for any sales or additional insider activity.