Krassakopoulos Billy 4

What Happened
Billy Krassakopoulos, President of WhiteFiber, received a total of 15,951 ordinary shares through the vesting/issuance of RSUs. This breaks down to 15,624 performance-based RSUs that vested and converted to shares on March 16, 2026, and 327 shares issued on January 13, 2026 (an administrative issuance). The RSUs were issued at $0.00 to Mr. Krassakopoulos (i.e., no cash purchase); the company valued the shares at $15.80 (measurement date Dec 31, 2025) for the larger award and $18.43 for the 327-share issuance, for a combined implied value of roughly $253,000. These transactions are awards/vestings (not open-market purchases or sales).

Key Details

• Transaction dates and types:
  • Jan 13, 2026 — 327 shares issued (reported as grant/award A and conversion/exercise M); valued at $18.43 per share (≈ $6,027). Footnote says this was an administrative issuance tied to prior Bit Digital, Inc. RSUs.
  • Mar 16, 2026 — 15,624 shares vested/converted (reported as grant/award A and conversion/exercise M); measured at $15.80 per share (measurement date Dec 31, 2025) (≈ $246,859). These were performance-vesting RSUs that vested when performance was determined on Mar 16.
• Aggregate shares received: 15,951 shares (15,624 + 327).
• Aggregate implied value (per company valuations): ~ $252,900 (approximate).
• Shares owned after the transactions: Not specified in the provided filing details.
• Footnotes of note:
  • F1/F5/F6: Shares issued upon immediate vesting of RSUs under the 2025 Omnibus Plan; the 15,624 were performance RSUs that vested March 16 when vesting was determined.
  • F3: The 327 shares resulted from an administrative error and represent conversion of Bit Digital, Inc. RSUs previously granted pre-IPO.
  • F2/F4: Company valuations used for reporting ($15.80 and $18.43).
• Timeliness: Form filed March 17, 2026. The Mar 16 vesting was reported promptly (filed the next business day); the Jan 13 issuance was reported substantially later than the two-business-day window and thus appears to have been filed late.

Context
These entries are award/vesting events (RSUs converting to shares) rather than open-market buys or sales, so they reflect compensation and prior grant terms rather than a buying/selling signal by the insider. The larger tranche was performance-based (vesting tied to Growth EBITDA). Administrative issuances or tax/vesting-related conversions are common on Form 4s and do not necessarily indicate an insider view on the stock’s near-term direction.