Park Jeffrey Jin Hyung 4

What Happened
Jeffrey Jin Hyung Park, Chief Investment Officer of ProCap Financial (BRR), received an award of 200,000 restricted stock units (RSUs) that settled into common shares on 2026-03-23. The RSUs were settled at $0.00 per share (award/vesting). To satisfy tax withholding on the RSU settlement, 102,720 shares were withheld (disposed) at an indicated value of $2.62 per share, totaling $269,126. The reporting person received the net shares after withholding (200,000 granted minus 102,720 withheld = 97,280 net shares).

Key Details

• Transaction dates and prices: 2026-03-23 — Award/settlement: 200,000 RSUs @ $0.00 (acquired); Tax withholding: 102,720 shares @ $2.62 (disposed) for $269,126.
• Net shares received: 97,280 (200,000 granted less 102,720 withheld).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1 = RSUs settled into shares (1 RSU = 1 share). F2 = Shares withheld by issuer to satisfy tax withholding; reporting person received net shares.
• Filing timing: Report filed 2026-03-25 for transactions on 2026-03-23 (filed within the typical two-business-day Form 4 window).

Context
This was a compensation-related transaction (RSU vesting), not an open-market purchase or sale driven by trading. The withholding of shares to cover taxes is a common, administrative cashless method of satisfying tax obligations on vested equity and does not by itself indicate a buy or sell stance on the stock.