Freiman Paul E. 4
4 · Stablecoin Development Corp · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Stablecoin Development (SDEV) Director Paul Freiman Receives RSU Award
What Happened
- Paul E. Freiman, a director of Stablecoin Development Corp (SDEV), received an award of 140,000 restricted stock units (RSUs) on 2026-03-31. The filing lists the transaction as an award (code A) with a reported price of $0.00. These RSUs are a derivative grant — no cash was exchanged at grant.
Key Details
- Transaction date: 2026-03-31 (Form 4 filed 2026-04-21, roughly three weeks later; this is later than the typical two-business-day Form 4 filing requirement).
- Award: 140,000 restricted stock units (RSUs) at $0.00 per unit.
- Vesting: RSUs vest in three equal one-third installments — 1st on Feb 16, 2027; 2nd on Jan 16, 2028; 3rd on Jan 16, 2029 (footnote F1).
- Shares owned after transaction: not disclosed in the filing.
- Filing exhibits/remarks: Exhibit 24 — Power of Attorney included.
Context
- RSUs are a contingent right to receive common shares upon vesting; they are not an immediate purchase and do not necessarily indicate a near-term sale. The economic value of the grant will depend on SDEV’s share price at the time(s) of vesting. The late filing may reduce the immediacy of disclosure for investors tracking insider activity.
Insider Transaction Report
Form 4
Freiman Paul E.
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-03-31+140,000→ 140,000 total→ Common Stock (140,000 underlying)
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units will vest in equal one-third installments, with the first installment vesting on February 16, 2027, the second installment vesting on January 16, 2028, and the third installment vesting on January 16, 2029.
Signature
/s/ Tommy Law as attorney in fact for Paul Freiman|2026-04-21