Park Jeffrey Jin Hyung 4

What Happened

• Jeffrey Jin Hyung Park, Chief Investment Officer of ProCap Financial (BRR), reported two transactions tied to RSU settlement and a subsequent open‑market sale.
• On 2025-05-04 the issuer withheld 41,350 shares at $2.00 each (total value $82,700) to satisfy tax withholding in connection with RSU vesting (reported as a disposition, footnote F1).
• On 2025-05-18 Park sold 50,962 shares in an open‑market sale at a weighted average price of $1.93 per share for proceeds of about $98,357 (footnote F2).

Key Details

• Transaction dates and prices:
  • 2025-05-04: 41,350 shares withheld by issuer @ $2.00 (tax withholding; F1) — $82,700
  • 2025-05-18: 50,962 shares sold in open market @ weighted avg $1.93 (F2) — $98,357
• Shares owned after the transactions: Not specified in the provided filing.
• Footnotes: F1 = shares withheld to satisfy tax withholding for RSU settlement; F2 = single sale order filled over multiple days with weighted avg $1.93.
• Timeliness: Form 4 was filed 2026-05-21 reporting transactions from May 2025, which appears late relative to standard Form 4 reporting deadlines.

Context

• The 41,350-share disposition is a tax-withholding action tied to RSU vesting (issuer withheld shares), not a voluntary sale of newly acquired shares.
• The 50,962-share transaction was an open‑market sale (a disposal), which is routine insider selling but does not by itself indicate the insider’s future view of the company.
• No options exercise or gift activity was reported in this filing.