Evans Tyler Matthew 4/A

What Happened
Evans Tyler Matthew, Chief Investment Officer of Nakamoto Inc. (NAKA), was the recipient of equity awards on February 20, 2026. The filing shows 17,841,993 shares of common stock acquired at $0.00 and an additional 25,421,822 shares reported as derivative awards (total = 43,263,815 shares). The Form 4/A is an amendment correcting a scrivener's error about the total beneficially owned securities.

Key Details

• Transaction date: February 20, 2026. Form filed (amended) March 16, 2026 — later than the typical two-business-day Form 4 filing window.
• Reported items:
  • 17,841,993 shares of Common Stock acquired at $0.00 (per footnote F1: merger consideration from two merger agreements).
  • 4,118,006; 2,470,803; 3,596,392; 2,745,337; and 12,491,284 shares reported as derivative awards/options (N/A price). Combined derivative total = 25,421,822.
• Footnotes of note:
  • F1: Breaks out the common-stock portion: 5,925,156 shares from the BTC Merger Agreement and 11,916,837 shares from the UTXO GP Merger Agreement.
  • F3: Indicates certain awards are fully vested stock options, exercisable one-for-one for common stock, assumed by the issuer under the BTC Merger Agreement.
  • F2: This amendment corrects a scrivener's error in the previously reported total beneficial ownership.
• Shares owned after the transaction: the filing reports an addition of 43,263,815 shares to the insider’s holdings (common + derivative). The amended filing corrects the reported total; consult the full Form 4/A for the updated Table I balance.

Context

• Many items originated from merger consideration and assumed option awards, not open-market purchases or sales. Awards and assumed options following a merger are often transactional (consideration or assumption) rather than a direct insider market signal.
• Derivative awards/options reported here are noted as fully vested and exercisable one-for-one (per F3); exercising or selling would be separate transactions and would be reported when they occur.
• The filing was amended to correct reported ownership totals; the underlying transaction date remains February 20, 2026.