ProCap Financial (BRR) CFO Renae Cormier Withholds 80,138 Shares

What Happened Renae Cormier, CFO of ProCap Financial (BRR), had 80,138 restricted stock unit (RSU) shares withheld by the issuer to satisfy tax withholding obligations upon vesting. The withheld shares were valued at $2.16 each, totaling $173,098. This was a withholding-for-tax transaction (code F), not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-09-01
• Withheld: 80,138 shares at $2.16 per share for a total of $173,098
• Transaction type/code: Tax withholding on RSU vesting (F) — a disposition to cover taxes, not a market sale (code shows shares were surrendered/withheld)
• Shares owned after transaction: Not specified in the provided filing excerpt; see the full Form 4 for total beneficial ownership
• Filing timeliness: Reported on 2026-09-01 (no late-filing indication in the provided data)

Context Withholdings to cover taxes on vested RSUs are a routine administrative action and do not necessarily indicate the insider's view of the company's stock. Code F transactions reflect tax-related dispositions rather than deliberate selling activity in the open market. For full ownership and historical trades, consult the complete Form 4 on the SEC EDGAR site (Accession 0001493152-26-041046).