WhiteFiber (WYFI) CEO Samir Tabar Receives Award of 7,079 Shares
$WYFI · WhiteFiber, Inc.Research Summary
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WhiteFiber (WYFI) CEO Samir Tabar Receives Award of 7,079 Shares
What Happened
Samir Tabar, CEO of WhiteFiber, received and immediately vested 7,079 performance-based restricted stock units (RSUs) that converted into 7,079 ordinary shares on July 24, 2026. The RSUs were granted/awarded at $0 cash consideration; using the company’s June 30, 2026 closing price of $38.85, the shares are valued at roughly $275,019. This was an award/vesting event (not a purchase or sale) — a form of compensation tied to a performance milestone.
Key Details
- Transaction date: July 24, 2026 (Form 4 filed July 28, 2026 — timely filing).
- Transactions reported: Grant/Award (A) of 7,079 RSUs @ $0.00 (acquired) and Exercise/Conversion (M) of 7,079 RSUs into shares (N/A price).
- Valuation: 7,079 shares × $38.85 (closing price on June 30, 2026) ≈ $275,019.15 (per footnote).
- Ownership after transaction: not specified in the excerpt of the filing provided.
- Footnotes: RSUs were performance-based, issued under the 2025 Omnibus Equity Incentive Plan, immediately vested upon achieving a performance milestone, and were issued in an exempt transaction under Rule 16b-3.
- No sale or tax-withholding transaction was reported in the provided filing.
Context
This was a vesting/conversion of performance-based RSUs into shares (a derivative conversion), not a market buy or sale. Such awards are typical executive compensation tied to performance goals and do not by themselves indicate insider trading sentiment. The reported dollar value uses the June 30 close per the filing; market value may differ at current prices.