Coincheck Group (CNCK) CFO details 60,000 shares and major RSU grants
Rhea-AI Filing Summary
Coincheck Group N.V. Chief Financial Officer Jason Sandberg filed an initial ownership report showing his equity stake in the company. He directly holds 60,000 Ordinary Shares and several grants of restricted share units tied to future vesting and performance conditions.
One restricted share unit grant covers 8,758 underlying Ordinary Shares that vest in three substantially equal annual installments beginning on March 31, 2026. A second grant covers 52,548 underlying Ordinary Shares that vest in full on March 31, 2028. He also holds 8,758 performance-based restricted share units, which may convert into Ordinary Shares, cash, or a combination, if an average closing price per share target is achieved by the end of the three-year performance period ending on March 31, 2028, with any earned units vesting in full on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Performance-Based Restricted Share Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer, an equivalent amount of cash, or a combination thereof. Such restricted share units will vest in three substantially equal annual installments beginning on March 31, 2026. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer, an equivalent amount of cash, or a combination thereof. Such restricted share units will vest on March 31, 2028. Each performance-based restricted share unit represents a contingent right to receive one ordinary share of the Issuer, an equivalent amount of cash, or a combination thereof. The performance-based restricted share units are scheduled to vest based on the Issuer's ordinary shares having achieved a certain average closing price per share target by the end of the three-year performance period ending on March 31, 2028. Any earned performance-based restricted share units vest in full on March 31, 2028.
Key Figures
Key Terms
contingent right financial
three-year performance period financial
FAQ
What does Coincheck Group (CNCK) CFO Jason Sandberg report in this Form 3?
How are the performance-based RSUs for Coincheck Group (CNCK) structured?
Do Coincheck Group (CNCK) CFO RSUs have an exercise price?