Cho Young 4

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.