RSU vesting gives ProCap Financial (BRR) CIO 200,000 shares
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Park Jeffrey Jin Hyung
Role
Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 200,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 | 102,720 | $2.62 | $269K |
Holdings After Transaction:
Common Stock, par value $0.001 — 708,250 shares (Direct)
Footnotes (1)
- 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. 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
What insider activity did ProCap Financial (BRR) report for its CIO?
ProCap Financial’s CIO received a stock award through RSU vesting. Jeffrey Jin Hyung Park acquired 200,000 common shares when restricted stock units vested and settled into stock, reflecting routine equity compensation rather than an open‑market purchase or sale of shares.
Does this ProCap Financial (BRR) Form 4 show open‑market buying or selling?
No, the Form 4 does not show open‑market trading. It records an RSU-based stock award and shares withheld by the issuer for taxes. Both are compensation and tax events, not discretionary market purchases or sales.