Nakamoto (NAKA) Dalton Merritt Receives RSU Award

What Happened

• Dalton John Merritt, Chief Accounting Officer of Nakamoto Inc. (NAKA), was awarded 42,492 restricted stock units (RSUs) on August 27, 2026. The award is reported at $0.00 per share (no cash paid or received) and therefore has a reported value of $0 on the Form 4 filing. This is an equity grant (code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-08-27; reported price: $0.00 per share (award).
• Shares awarded: 42,492 RSUs (number adjusted for a 1-for-40 reverse split effective May 22, 2026).
• Vesting: RSUs time-vest over a two-year period beginning December 8, 2026 (12-month cliff, then 50% vest at cliff, remaining 50% vests in equal quarterly installments over the following 12 months) (see footnote F1).
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Reported with the same date as the transaction (no late filing indicated).
• Transaction code: A = grant/award. No tax withholding or sale-on-vesting details reported.

Context

• These RSUs are unvested at grant and subject to continued employment through each vesting date; they do not represent immediately tradable shares. Grants (awards) are common compensation events and do not, by themselves, indicate an insider buying or selling stock. The reported share count reflects the company’s recent 1-for-40 reverse split (footnote F2).