Nakamoto (NAKA) CIO Tyler Evans Receives RSUs & Option Grant

What Happened

• Tyler Evans, Chief Investment Officer and Director of Nakamoto Inc. (NAKA), received equity awards on 2026-08-21: 56,657 restricted stock units (RSUs) and a 250,000-share stock option grant (derivative). Both awards were reported at $0.00 per share (no cash exchanged in the filing).
• On the same date 230 shares of his common stock were forfeited/cancelled pursuant to a merger agreement (no consideration) and 3 shares were issued to him under a separate merger-related agreement.

Key Details

• Transaction date: August 21, 2026; Form 4 filed August 25, 2026 (filed within the normal 2-business-day window).
• Reported prices/values: $0.00 per share for awards and for forfeiture (standard for grant/forfeit entries).
• Grants: 56,657 RSUs (subject to time-based vesting); 250,000-share option (designated ISO to the extent permitted under tax law, remainder NQO). Per footnotes, 62,500 shares of the option vested and became exercisable immediately on grant.
• Vesting notes: RSUs vest over 2 years starting Aug 14, 2026 with a 12‑month cliff (25% after cliff, then quarterly vesting of the remainder). The option vests over 4 years starting Aug 14, 2025 with a 12‑month cliff (25% at cliff, then quarterly vesting).
• Merger adjustments: 230 shares forfeited/cancelled under the Agreement and Plan of Merger; 3 shares issued under a separate merger agreement.
• Reverse split: All share counts have been adjusted for a 1-for-40 reverse split effective May 22, 2026.
• Shares owned after these transactions: Not specified in the provided excerpt of the filing.

Context

• These transactions are compensatory and merger-related (awards, forfeiture, and stock/option grants), not open-market purchases or sales—so they reflect award/adjustment activity rather than immediate market buying or selling.
• The option grant includes an immediately exercisable portion (62,500 shares) by operation of the vesting schedule; the RSUs are time‑vesting with a one‑year cliff.