WhiteFiber (WYFI) CFO Huang Erke Receives 7,079 Shares via RSU Vesting

What Happened

• Huang Erke, Chief Financial Officer of WhiteFiber, received 7,079 ordinary shares on July 24, 2026 through the vesting/conversion of performance-based restricted stock units (RSUs). The RSUs converted to shares at $0.00 cash cost to the insider; the RSUs were valued at $38.85 per share on June 30, 2026, implying a notional value of about $275,019.

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (filed 4 days after the transaction date; Form 4s are generally due within 2 business days, so this appears to be filed late).
• Entries: one grant/award (code A) for 7,079 RSUs that immediately vested, and one exercise/conversion of derivative (code M) converting 7,079 RSUs into ordinary shares.
• Price/cost: $0.00 paid by the insider; RSUs were valued at $38.85/share on June 30, 2026 (total ≈ $275,019).
• Shares owned after transaction: not reported in this filing.
• Footnotes: RSUs were performance-based awards under the 2025 Omnibus Equity Incentive Plan and were issued/vested on achievement of the applicable performance milestone. The grant/conversion was made in an exempt transaction under Rule 16b-3.

Context

• This was an award/vesting event (acquisition of shares via RSU vesting), not an open-market purchase or a sale. Such grants reflect compensation or performance payouts rather than the insider buying shares with personal cash. Because these were performance-based RSUs that immediately vested and converted to shares, no cashless sale or immediate resale is indicated in the filing.