Hasuo Satoshi 4
Research Summary
AI-generated summary
Coincheck (CNCK) Chief Stakeholder Officer Hasuo Exercises 2,919 RSUs
What Happened
Hasuo Satoshi, Coincheck Group N.V.'s Chief Stakeholder Officer, had 2,919 restricted share units (RSUs) vest and settle into 2,919 ordinary shares on April 20, 2026. The Form 4 records an exercise/conversion (transaction code M) acquiring 2,919 shares and a simultaneous disposition of 2,919 shares shown at $0.00 (derivative). No market sale price or cash proceeds are reported in the filing.
Key Details
- Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (appears timely).
- Acquired: 2,919 shares via exercise/conversion of RSUs (code M).
- Disposed: 2,919 shares at $0.00 (recorded as a derivative disposition).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote F1: these were vested RSUs that settled one-for-one into ordinary shares on April 20, 2026.
- Footnote F2: each RSU represents a contingent right to one share (or cash/equivalent); vesting occurs in three equal annual installments beginning March 31, 2026.
- The issuer is a foreign private issuer; transactions are exempt from Sections 16(b) and 16(c) under Rule 3a12-3(b).
Context
This filing documents the settlement of vested RSUs rather than an open-market buy or sale by the insider. The simultaneous acquisition and $0.00 disposition in the record reflect the mechanics of RSU settlement or internal transfer as reported; the filing does not report cash proceeds from a market sale.