Pacchia Megan Lesko 4
4 · ProCap Financial, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
ProCap (BRR) COO Megan Pacchia Lesko Receives 110,000 RSUs; 47,408 Withheld
What Happened
Megan Pacchia Lesko, Chief Operating Officer of ProCap Financial, received an award of 110,000 restricted stock units (RSUs) that settled into shares on 2026-03-23 (transaction code A). To satisfy tax withholding, the issuer withheld 47,408 shares at $2.62 per share (transaction code F), a withholding value of $124,209. The net number of shares received after withholding was 62,592.
Key Details
- Transaction date: 2026-03-23; Filing date: 2026-03-25 (filed within the typical 2-business-day Form 4 window).
- Award: 110,000 RSUs settled into shares (acquisition at $0.00 per share).
- Tax withholding: 47,408 shares withheld at $2.62/share, total ~$124,209 (treated as disposition for withholding purposes).
- Net shares received: 110,000 − 47,408 = 62,592 shares.
- Footnotes: F1 = settlement of RSUs into shares (1 RSU = 1 share). F2 = shares withheld by issuer to satisfy tax withholding; the reporting person received the net shares.
- Shares owned after transaction: not specified in the provided report.
Context
This was an RSU vesting and settlement event, not an open-market purchase or a discretionary sale. Withholding shares to cover taxes is a routine administrative step (a form of cashless settlement) and is common when equity awards vest; it does not by itself indicate the insider’s view on the stock.
Insider Transaction Report
- Award
Common Stock, par value $0.001
[F1]2026-03-23+110,000→ 110,000 total - Tax Payment
Common Stock, par value $0.001
[F2]2026-03-23$2.62/sh−47,408$124,209→ 62,592 total
Footnotes (2)
- [F1]Represents the settlement of restricted stock units ("RSUs") into shares of common stock upon vesting. Each RSU represents a contingent right to receive one share of common stock.
- [F2]Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.The reporting person received the net number of shares after the issuer withheld shares to satisfy applicable tax withholding obligations.