220,000 RSUs granted to ProCap (BRR) COO in Form 4/A
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
ProCap Financial, Inc. Chief Operating Officer Megan Lesko reported an equity compensation grant tied to restricted stock units (RSUs). She acquired 220,000 shares of common stock at no cash cost upon settlement of RSUs, and now holds 220,000 shares directly after this transaction.
According to the RSU terms, 110,000 RSUs are already fully vested, while the remaining 110,000 will vest in two quarterly installments of 55,000 RSUs each on June 15, 2026 and September 15, 2026. This Form 4 amendment corrects an administrative error in the original filing regarding the number of RSUs granted.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pacchia Megan Lesko
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 220,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 220,000 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 220,000 shares
Vested RSUs: 110,000 RSUs
Future vesting tranche 1: 55,000 RSUs
+3 more
6 metrics
Shares acquired
220,000 shares
Common stock received via RSU settlement on March 23, 2026
Vested RSUs
110,000 RSUs
Fully vested portion of the 220,000 RSUs reported
Future vesting tranche 1
55,000 RSUs
Scheduled to vest on June 15, 2026
Future vesting tranche 2
55,000 RSUs
Scheduled to vest on September 15, 2026
Post-transaction holdings
220,000 shares
Total common shares directly owned after the grant
Grant price per share
$0.0000 per share
Indicates non-cash equity compensation grant
Key Terms
restricted stock units ("RSUs"), vesting, Form 4 amendment
3 terms
restricted stock units ("RSUs") financial
"Represents the settlement of restricted stock units ("RSUs") into shares of common stock upon vesting."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"Of the 220,000 RSUs reported, 110,000 are fully vested and the remaining 110,000 RSUs will vest in quarterly installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 amendment regulatory
"The original Form 4, filed on March 25, 2026, is being amended by this Form 4 amendment solely to correct an administrative error."
FAQ
What insider transaction did ProCap Financial (BRR) report on this Form 4/A?
ProCap Financial’s Chief Operating Officer, Megan Lesko, reported an equity compensation award of 220,000 shares of common stock. The shares were received through settlement of restricted stock units (RSUs), rather than an open-market purchase, and represent her direct holdings after the transaction.
What is the vesting schedule for the ProCap Financial (BRR) RSUs granted to the COO?
Of the 220,000 RSUs reported, 110,000 are fully vested. The remaining 110,000 RSUs vest in two quarterly installments: 55,000 RSUs on June 15, 2026, and another 55,000 RSUs on September 15, 2026, according to the filing’s footnote.
Why did ProCap Financial (BRR) file this as a Form 4 amendment?
The company filed this as a Form 4 amendment to correct an administrative error in the original report. The footnote explains the amendment updates the number of RSUs granted, clarifying the correct grant size and vesting details for the COO’s award.