Aly Ahmed J. 4
4 · StableCoinX Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
StableCoinX (USDE) CTO Aly Ahmed Receives 105,000 Shares
What Happened
- Aly Ahmed, Chief Technology Officer of StableCoinX Inc. (USDE), was issued a total of 105,000 shares on 2026-06-25 via two awards of 52,500 shares each. Each grant shows an acquisition price of $0.00, so no cash was paid on issuance. The shares consist of 52,500 Class A and 52,500 Class B shares issued in connection with the closing of the business combination that converted SC Assets Class B common stock into StableCoinX stock.
Key Details
- Transaction date: 2026-06-25. Form 4 filed: 2026-06-29 (filed within the standard two business-day window).
- Amounts: 52,500 Class A shares and 52,500 Class B shares; total 105,000 shares; reported price $0.00 per share (award/conversion).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1/F3: Shares issued upon closing of the business combination in exchange for SC Assets Class B shares held by the reporting person.
- F2: The reporting person is a managing partner of an entity and disclaims Section 16 beneficial ownership of securities held by that entity except to the extent of any pecuniary interest.
- Transaction code: A (award/grant/acquisition).
Context
- These were not open-market purchases or sales — the issuance reflects a conversion/exchange tied to the company’s business combination, not new cash investment by the insider. Such non-cash issuances are common when private company or SPAC shares convert into public company shares and do not necessarily signal a new vote of confidence or change in insider sentiment.
Insider Transaction Report
Form 4
StableCoinX Inc.USDE
Aly Ahmed J.
Chief Technology Officer
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-25+52,500→ 52,500 total(indirect: By Schulz von Jacob Ltd) - Award
Class B Common Stock
[F3][F2]2026-06-25+52,500→ 52,500 total(indirect: By Schulz von Jacob Ltd)
Footnotes (3)
- [F1]These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination (the "Business Combination") among StablecoinX Inc. (the "Issuer"), TLGY Acquisition Corp. ("TLGY"), and StablecoinX Assets Inc. ("SC Assets"), pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets and the other parties thereto (as amended, the "Business Combination Agreement") upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder.
- [F2]The reporting person is the Managing Partner of this entity and may be deemed to have voting and investment control with respect to the securities held of record by this entity. The reporting person disclaims Section 16 beneficial ownership of the securities held by this entity, except to the extent of his pecuniary interest therein, if any.
- [F3]These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination pursuant to the terms of the Business Combination Agreement, upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder. The Reporting Person disclaims Section 16 beneficial ownership of the securities hereby, except to the extent of his pecuniary interest therein, if any.
Signature
/s/ Ahmed J. Aly|2026-06-29