ProCap CIO awarded 200,000 RSU shares
ProCap Financial, Inc. Chief Investment Officer Jeffrey Jin Hyung Park reported a compensation-related stock award.
Rhea-AI Filing Summary
ProCap Financial, Inc. Chief Investment Officer Jeffrey Jin Hyung Park reported a compensation-related stock award. He acquired 200,000 shares of common stock through the vesting and settlement of restricted stock units, with each unit converting into one share.
To cover tax withholding obligations tied to this RSU vesting, the issuer withheld 102,720 shares at a value of $2.62 per share. After these tax-withholding shares were withheld, Park directly owned 605,530 shares of ProCap Financial common stock. The activity reflects routine equity compensation rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 200,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 102,720 | $2.62 | $269K |
Footnotes (2)
- F1. Represents the settlement of restricted stock units ("RSUs") into shares of common stock upon vesting. Each RSU represents a contingent right to receive one share of common stock.
- F2. Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.The reporting person received the net number of shares after the issuer withheld shares to satisfy applicable tax withholding obligations.
FAQ
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What insider activity did ProCap Financial (BRR) report for its CIO?
Does this ProCap Financial (BRR) Form 4 show open‑market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.