Park Jeffrey Jin Hyung 4/A

What Happened

• Park Jeffrey Jin Hyung, Chief Investment Officer of ProCap Financial (BRR), was reported as acquiring 400,000 shares through the settlement of restricted stock units (RSUs) on 2026-03-23. The shares were recorded at $0.00 per share on the Form 4 (award/acquisition), so the filing shows $0 cash paid for the grant. The original Form 4 filed March 25, 2026 was amended on May 5, 2026 to correct the number of RSUs granted.

Key Details

• Transaction date: 2026-03-23 (Period of Report). Form 4 amended and filed: 2026-05-05 (Accession 0001493152-26-021297).
• Transaction type/code: Award/Grant (A). Price: $0.00 per share (RSU settlement). Total shares acquired: 400,000.
• Vesting: Of the 400,000 RSUs, 200,000 were fully vested upon settlement; the remaining 200,000 vest in quarterly installments — 100,000 on 2026-05-04 and 100,000 on 2026-08-04 (footnote).
• Shares owned after transaction: Not specified in the information provided.
• Filing status: This is an amendment to correct an administrative error about the RSU quantity; the original Form 4 was filed March 25, 2026 (timely relative to the 3/23 transaction).

Context

• RSU settlement means contingent units converted into common shares as they vest; no cash was exchanged at settlement per the filing, though vested shares typically have taxable value to the recipient.
• This is an award/vesting event (not an open-market buy or sale), so it reflects compensation/retention rather than a direct market sentiment trade.