Pacchia Megan Lesko 4/A
Research Summary
AI-generated summary
ProCap Financial (BRR) COO Megan Pacchia Lesko Receives RSU Award
What Happened
Megan Pacchia Lesko, COO of ProCap Financial (BRR), was reported as acquiring 220,000 shares through the settlement of restricted stock units (RSUs) on 2026-03-23. The shares were acquired at $0.00 per share (typical for vested compensation). Of the 220,000 RSUs, 110,000 were fully vested and converted to shares on the reporting date; the remaining 110,000 RSUs will vest in quarterly installments (55,000 on June 15, 2026, and 55,000 on September 15, 2026). This Form 4 is an amendment filed to correct an administrative error in the originally reported RSU count.
Key Details
- Transaction date: 2026-03-23 (reported on amended Form 4 filed 2026-05-19). Original Form 4 was filed 2026-03-25.
- Transaction type/code: A — Grant/award (settlement of RSUs); acquisition price reported $0.00 per share.
- Shares acquired: 220,000 RSUs settled into shares (110,000 vested immediately; 55,000 vest 6/15/2026; 55,000 vest 9/15/2026).
- Shares owned after transaction: Not specified in the amendment provided.
- Footnote: Amendment corrects an administrative error regarding the number of RSUs granted (see F1).
- Timeliness: Original Form 4 (filed 3/25/2026) appears timely for the 3/23/2026 event; this filing is an amendment to correct the record.
Context
This was an award/vesting event (compensation), not an open-market buy or sale. RSU settlements at $0 per share reflect compensation vesting rather than a cash purchase. Such awards are common forms of executive compensation and do not, by themselves, indicate whether the insider will buy or sell shares in the market.