ProCap Financial (BRR) CTO records stock grant and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProCap Financial, Inc. Chief Technology Officer Noor Shain reported routine equity compensation activity. On July 7, 2026, Shain received a grant of 125,628 shares of common stock at a reference price of $1.65 per share, classified as a grant or award acquisition. On the same day, 47,411 shares were disposed of as a tax-withholding disposition to cover exercise price or tax liabilities, not as an open-market sale. After these transactions, Shain directly owned 3,764,208 shares of ProCap Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Noor Shain
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 125,628 | $1.65 | $207K |
| Tax Withholding | Common Stock | 47,411 | $1.65 | $78K |
Holdings After Transaction:
Common Stock, par value $0.001 — 3,764,208 shares (Direct, null);
Common Stock — 3,716,797 shares (Direct, null)
Footnotes (1)
Key Figures
Share grant: 125,628 shares
Tax-withholding shares: 47,411 shares
Post-transaction holdings: 3,764,208 shares
+1 more
4 metrics
Share grant
125,628 shares
Common stock grant on July 7, 2026 at $1.65
Tax-withholding shares
47,411 shares
Tax-withholding disposition on July 7, 2026 at $1.65
Post-transaction holdings
3,764,208 shares
Direct ownership after reported transactions
Transaction price
$1.65 per share
Price applied to both grant and tax-withholding entries
Key Terms
tax-withholding disposition, Grant, award, or other acquisition, Form 4, Chief Technology Officer
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 47,411 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "ProCap Financial, Inc.""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Technology Officer financial
""officer_title": "Chief Technology Officer""
The chief technology officer is the senior executive who sets a company's technology vision and oversees development, engineering, and technical operations—think of them as the lead architect and head mechanic who decides what tools the business builds and how they run. Their choices affect product direction, cost structure, cybersecurity and scalability, so investors watch the CTO to gauge a company’s ability to innovate, compete and manage technical risk.
FAQ
What insider transactions did ProCap Financial (BRR) report for Noor Shain?
ProCap Financial reported that CTO Noor Shain received a grant of 125,628 common shares and had 47,411 shares withheld to cover tax or exercise obligations on July 7, 2026, reflecting routine equity compensation activity.
Did Noor Shain buy or sell ProCap Financial (BRR) stock on the open market?
The filing does not show open-market buying or selling. It reports a grant of 125,628 shares and a tax-withholding disposition of 47,411 shares, which covers tax or exercise obligations rather than discretionary market trades.
What does the tax-withholding disposition mean in the ProCap Financial (BRR) Form 4?
The Form 4 labels the 47,411-share disposition as a tax-withholding transaction, used to pay exercise price or tax liabilities. This code F event is not an open-market sale but a mechanistic step related to equity compensation.