Cho Young 4
4 · StableCoinX Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
StableCoinX (USDE) CFO Cho Young Receives Stock Award
What Happened
Cho Young, Chief Financial Officer of StableCoinX Inc. (USDE), was granted a total of 708,299 securities on 2026-06-25: two grants of 323,750 shares each and 60,799 Restricted Stock Units (RSUs). All items were issued at $0.00 per share (total reported cash value $0) in connection with the closing of the company’s business combination. The RSUs represent contingent rights to receive Class A common stock and will vest on December 25, 2026, subject to continued service.
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (filed on the reporting deadline). Accession: 0001225208-26-006243.
- Grants reported: 323,750 shares (Class A, per footnote), 60,799 RSUs (each converts to 1 Class A share upon vesting), and 323,750 shares (Class B, per footnote). Total units = 708,299. Price per share: $0.00; cash value reported = $0.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: (F1/F3) the Class A and Class B shares were issued in exchange for SC Assets Class B common stock at the closing of the business combination; (F2) the 60,799 are RSUs that vest 2026-12-25 if the CFO remains in service. Footnote F3 notes the reporting person disclaims Section 16 beneficial ownership except to the extent of any pecuniary interest.
- Transaction code on the Form: A = Grant/Award.
Context
- These were compensation/transaction-related issuances tied to the business combination (common after SPAC/M&A closings) rather than open-market purchases or sales. Awards and exchanged shares increase an insider’s holdings but are typically part of deal consideration or compensation; they do not by themselves indicate a buy/sell market signal.
- The RSUs are contingent until vesting (Dec 25, 2026); only vested shares deliver economic and voting rights.
Insider Transaction Report
Form 4
StableCoinX Inc.USDE
Cho Young
Chief Financial Officer
Transactions
- Award
Class A Common Stock
[F1]2026-06-25+323,750→ 323,750 total - Award
Class A Common Stock
[F2]2026-06-25+60,799→ 384,549 total - Award
Class B Common Stock
[F3]2026-06-25+323,750→ 323,750 total
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]Represents shares of Class A Common Stock of the Issuer underlying Restricted Stock Units ("RSU"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will vest on December 25, 2026, subject to the Reporting Person's continued service through such date.
- [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/ Young Chi Cho|2026-06-29