Pacchia Megan Lesko 4
Research Summary
AI-generated summary
ProCap (BRR) COO Megan Pacchia Receives 220,000-Share Award
What Happened
Megan Pacchia, Chief Operating Officer of ProCap Financial, received a grant/vesting of 220,000 restricted shares (RSUs) on 2026-07-02 at a reported value of $1.51 per share, totaling $332,200 (transaction code A). To satisfy tax withholding on the vesting, the issuer withheld 89,086 shares (transaction code F) valued at $134,520, resulting in 130,914 net shares delivered to Pacchia.
Key Details
- Transaction date: 2026-07-02; Filing date: 2026-07-06 (period of report 2026-07-02).
- Grant/award: 220,000 shares @ $1.51 = $332,200 (code A).
- Tax withholding/disposition: 89,086 shares withheld @ $1.51 = $134,520 (code F).
- Net shares received by insider: 130,914 (220,000 − 89,086).
- Shares owned after transaction: not reported in this Form 4.
- Remark: "89,086 shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units."
Context
This filing documents a compensation-related RSU vesting and tax-withholding event, not an open-market purchase or sale. Such awards reflect company compensation practices and do not, by themselves, indicate a buy/sell signal from the insider. The F code indicates shares were withheld to cover taxes (a routine, non-market disposition).