Cormier Renae Terese 4/A
4/A · ProCap Financial, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
ProCap (BRR) CLO Cormier Renae Terese Receives 629,771-Share Award
What Happened
Cormier Renae Terese, Chief Legal Officer of ProCap Financial, Inc. (BRR), was reported to have been granted/acquired 629,771 shares on March 23, 2026. The transaction is an award/settlement of restricted stock units (RSUs) reported at $0.00 per share (no cash paid). Of the 629,771 RSUs, 157,443 are fully vested and settled into shares; the remaining 427,328 RSUs vest in quarterly installments (157,443 on 6/1/2026, 157,443 on 9/1/2026 and 157,442 on 12/1/2026). This filing is an amendment to correct the number of RSUs previously reported.
Key Details
- Transaction date: March 23, 2026; original Form 4 filed March 25, 2026; amended Form 4 filed May 19, 2026 to correct an administrative error.
- Consideration: $0.00 per share (award/grant), reported acquisition of 629,771 shares.
- Vesting: 157,443 shares vested/settled immediately; 427,328 remain subject to scheduled vesting through Dec 1, 2026.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Each RSU represents a contingent right to one share. The amendment was made solely to correct the RSU count.
Context
This was an equity compensation award (RSU settlement), not an open-market purchase or sale; such awards are part of executive compensation and do not by themselves indicate buying or selling sentiment. The $0.00 reporting reflects the grant/settlement nature of the RSUs rather than the market value—check contemporaneous stock price to estimate economic value at vesting.
Insider Transaction Report
- Award
Common Stock, par value $0.001
[F1]2026-03-23+629,771→ 629,771 total
Footnotes (1)
- [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. Of the 629,771 RSUs reported, 157,443 are fully vested and the remaining 427,328 RSUs will vest in quarterly installments, with 157,443 RSUs vesting on June 1, 2026, 157,443 RSUs vesting on September 1, 2026, and 157,442 RSUs on December 1, 2026. The original Form 4, filed on March 25, 2026, is being amended by this Form 4 amendment solely to correct an administrative error regarding the number of RSUs granted.