WhiteFiber (WYFI) CEO Samir Tabar Receives 41,982-Share Award

What Happened
Samir Tabar, CEO of WhiteFiber, received 41,982 restricted stock units (RSUs) that immediately vested on March 31, 2026 and converted into 41,982 ordinary shares. The award is recorded as an acquisition/award (A) and a conversion/exercise of a derivative (M). The filing shows a $0.00 acquisition price (no cash paid); the company valued the vested shares at the closing market price of $11.91 on March 31, 2026, implying an aggregate value of approximately $500,005.62.

Key Details

• Transaction date: March 31, 2026 (Form 4 filed July 28, 2026).
• Transaction codes: A = Award/Grant (41,982 RSUs @ $0.00); M = Exercise/Conversion of derivative (41,982 shares).
• Valuation: $11.91 per share (closing price on March 31, 2026); total ≈ $500,005.62 (per filing footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: RSUs were performance-based, issued under the 2025 Omnibus Equity Incentive Plan, immediately vested upon achievement of the performance milestone, and issued in an exempt transaction under Rule 16b-3.
• Timeliness: The Form 4 was filed on July 28, 2026 for a March 31 transaction — this is a late filing relative to the usual two-business-day requirement.

Context
These were performance-based RSUs that vested and converted into ordinary shares (a non-cash award), not an open-market purchase or sale. Such awards reflect compensation or milestone-driven grants rather than an insider buying or selling stock for cash; they do not by themselves indicate the insider's trading sentiment.