WhiteFiber (WYFI) CFO Huang Erke Receives 41,982-Share Award

What Happened
CFO Huang Erke was awarded and immediately received 41,982 restricted stock units (RSUs) that vested and converted into 41,982 ordinary shares on March 31, 2026. The RSUs were granted at $0.00 (no cash paid) and were valued at the March 31 closing price of $11.91, for a market value of approximately $500,006. This was an award/vesting event (not a purchase or sale).

Key Details

• Transaction date: 2026-03-31 (grant/award and conversion/exercise recorded)
• Transaction types/codes: A = Award/Grant (41,982 RSUs @ $0.00); M = Conversion/exercise of derivative into 41,982 shares.
• Fair market value at vesting: $11.91 per share (footnote F2); total ≈ $500,006.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes: F1–F3 state these were performance-based RSUs granted under the 2025 Omnibus Equity Incentive Plan, vested on achievement of a performance milestone, and were issued/vested in an exempt transaction under Rule 16b-3.
• Filing timeliness: Form 4 was filed 2026-07-28 for a 2026-03-31 transaction (filed ~4 months after the event), which appears late relative to the standard 2-business-day Form 4 deadline.

Context
These entries reflect an executive award and immediate vesting of performance RSUs (not an open-market purchase or sale). Because the RSUs vested as performance awards and converted into ordinary shares, the transaction is a compensation/vesting event rather than a directional insider trade.