ProCap Financial, Inc.·4/A

May 19, 4:50 PM ET

Cormier Renae Terese 4/A

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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.