Noor Shain 4

What Happened Noor Shain, Chief Technology Officer of ProCap Financial, received a grant of 125,628 restricted stock units (RSUs) on 2026-07-07 at an implicit value of $1.65 per share (total $207,286). To satisfy tax withholding on the vesting, the issuer withheld 47,411 shares (valued at $1.65 each, $78,228), resulting in a net issuance to Shain of 78,217 shares (net value ≈ $129,058). The primary action is an award/vesting of RSUs (transaction code A); the withholding is reported as a tax-payment disposal (code F).

Key Details

• Transaction date: 2026-07-07; Filing date: 2026-07-08 (timely filing).
• Award: 125,628 RSUs @ $1.65 = $207,286.
• Tax withholding: 47,411 shares withheld @ $1.65 = $78,228 (reported as disposed).
• Net shares issued to insider: 78,217 shares (approx. $129,058).
• Footnote: Shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting.
• Shares owned after transaction: not specified in the provided filing.

Context This was a standard equity award vesting event, not an open-market purchase or sale. Withholdings to cover taxes are common with RSU vesting and do not necessarily indicate bullish or bearish views by the insider.