Coincheck CPO exercises 5,839 RSUs into shares

Coincheck Group N.V.

Rhea-AI Filing Summary

Coincheck Group N.V. Chief Planning Officer Nakagawa Yo exercised vested equity awards, converting 5,839 ordinary shares from restricted share units at an exercise price of $0.00 per share. Following the transaction, Nakagawa directly holds 5,839 ordinary shares and 11,677 restricted share units.

Each restricted share unit represents a contingent right to receive one ordinary share, cash, or a combination. The remaining restricted share units are scheduled to vest in three substantially equal annual installments beginning on March 31, 2026, which may gradually increase Nakagawa’s future share ownership.

Insider Trade Summary

5,839 shares exercised/converted

Exercise 2 txns

Insider Nakagawa Yo

Role Chief Planning Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	5,839	$0.00	$0.00
Exercise	Ordinary Shares	5,839	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 11,677 contracts (Direct); Ordinary Shares — 5,839 shares (Direct)

Footnotes (2)

1. F1. Reflects vested restricted share units that settled into ordinary shares of the Issuer on a one-for-one basis. These restricted share units settled on April 20, 2026.
2. F2. 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.

Key Figures

Ordinary shares acquired: 5,839 shares Exercise price per share: $0.00/share Shares held after transaction: 5,839 shares +3 more

6 metrics

Ordinary shares acquired 5,839 shares Vested RSUs settled on April 20, 2026

Exercise price per share $0.00/share Conversion of restricted share units into ordinary shares

Shares held after transaction 5,839 shares Direct ownership following April 20, 2026 settlement

Restricted share units remaining 11,677 RSUs Derivative holdings after April 20, 2026

Vesting schedule start March 31, 2026 Three substantially equal annual installments for RSUs

RSUs converted in this event 5,839 RSUs Settled one-for-one into ordinary shares on April 20, 2026

Key Terms

Restricted Share Units, derivative security, contingent right, vest

4 terms

Restricted Share Units financial

"Reflects vested restricted share units that settled into ordinary shares"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

contingent right financial

"Each restricted share unit represents a contingent right to receive one ordinary share"

vest financial

"restricted share units will vest in three substantially equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Coincheck Group (CNCK) report for Nakagawa Yo?

Coincheck Group reported that Chief Planning Officer Nakagawa Yo exercised vested restricted share units, receiving 5,839 ordinary shares at $0.00 per share. This reflects settlement of equity compensation rather than an open-market stock purchase or sale.

How many Coincheck Group (CNCK) shares does Nakagawa Yo hold after this Form 4?

After the transaction, Nakagawa Yo directly holds 5,839 ordinary shares of Coincheck Group. In addition, he holds 11,677 restricted share units that can settle into shares or cash over time as they vest under the company’s equity compensation plan.

What are the terms of the restricted share units reported for Coincheck Group (CNCK)?

Each restricted share unit represents a contingent right to receive one ordinary share of Coincheck Group, an equivalent cash amount, or a combination. These units vest in three substantially equal annual installments beginning March 31, 2026, subject to the plan’s standard conditions.

Is the Coincheck Group (CNCK) Form 4 transaction an open-market trade?

No, the Form 4 shows an exercise of derivative securities, not an open-market trade. Vested restricted share units settled into 5,839 ordinary shares at $0.00, reflecting equity compensation vesting rather than a discretionary stock purchase or sale in the market.

How will Nakagawa Yo’s remaining Coincheck Group (CNCK) restricted share units vest?

The remaining restricted share units will vest in three substantially equal annual installments beginning March 31, 2026. As each installment vests, units can settle into Coincheck Group ordinary shares, cash, or a combination, depending on the company’s equity plan terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/22/2026 - 06:53 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nakagawa Yo

(Last) (First) (Middle)

NIEUWEZIJDS VOORBURGWAL

162, 1012 SJ

(Street)

AMSTERDAM

(City) (State) (Zip)

NETHERLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
Coincheck Group N.V. [ CNCK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Planning Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	04/20/2026		M		5,839	A	(1)	5,839	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	04/20/2026		M			5,839	(2)	(2)	Ordinary Shares	5,839	$0	11,677	D

Explanation of Responses:

1. Reflects vested restricted share units that settled into ordinary shares of the Issuer on a one-for-one basis. These restricted share units settled on April 20, 2026.

2. 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.

Remarks:

Due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the Issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Marc Stone, as Attorney-in-Fact	04/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)