Aly Ahmed J. 4

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.