Cypherpunk Technologies (CYPH) director awarded 100,000 RSUs under 2025 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cypherpunk Technologies Inc. director Oei Khing Djien received a grant of 100,000 restricted stock units (RSUs). The award carries a conversion ratio of 1 RSU for 1 share of Cypherpunk Technologies common stock, par value $0.001 per share, and was issued for no cash consideration under the company’s 2025 Equity Incentive Plan.
The RSUs will vest on June 15, 2027. Subject to the RSU terms and applicable tax withholdings, Cypherpunk Technologies will settle the vested RSUs in common stock no later than the fifteenth day of the third calendar month following the calendar year in which the grant date occurs. Following this grant, the filing shows 100,000 derivative units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oei Khing Djien
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 100,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 100,000 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units ("RSUs") to be settled on a 1 for 1 basis for shares of Cypherpunk Technologies Inc. ("Company") common stock, par value $0.001 per share ("Common Stock"). The RSUs were issued under the Company's 2025 Equity Incentive Plan for no consideration. The RSUs will vest on June 15, 2027. Subject to the terms of the RSU award and applicable tax withholdings, the Company shall settle the RSUs for Common Stock no later than the fifteenth (15th) day of the third (3rd) calendar month following the calendar year in which the date of grant occurs.
Key Figures
RSUs granted: 100,000 units
Post-transaction derivative holdings: 100,000 units
Conversion ratio: 1 RSU : 1 share
+2 more
5 metrics
RSUs granted
100,000 units
Restricted Stock Units granted on July 1, 2026
Post-transaction derivative holdings
100,000 units
Total RSUs held directly following the grant
Conversion ratio
1 RSU : 1 share
Each RSU settles into one share of common stock
Vesting date
June 15, 2027
Scheduled vesting date for the RSUs
Grant consideration
$0.00
RSUs issued for no cash consideration
Key Terms
Restricted Stock Units, 2025 Equity Incentive Plan, par value, tax withholdings
4 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") to be settled on a 1 for 1 basis for shares of Cypherpunk Technologies Inc. common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Equity Incentive Plan financial
"The RSUs were issued under the Company's 2025 Equity Incentive Plan for no consideration."
par value financial
"Company common stock, par value $0.001 per share ("Common Stock")."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
tax withholdings financial
"Subject to the terms of the RSU award and applicable tax withholdings, the Company shall settle the RSUs for Common Stock"
FAQ
What did Cypherpunk Technologies (CYPH) director Oei Khing Djien receive in this Form 4?
The director received 100,000 restricted stock units (RSUs) as an equity award. Each RSU is scheduled to convert into one share of Cypherpunk Technologies common stock, providing stock-based compensation rather than a cash payment at grant.
When do the 100,000 RSUs granted to the Cypherpunk (CYPH) director vest?
The 100,000 RSUs are scheduled to vest on June 15, 2027. Vesting means the director earns the right to receive the underlying common shares, subject to the RSU award terms and any required tax withholdings at settlement.
How will the Cypherpunk Technologies (CYPH) RSUs be settled into common stock?
Each RSU will be settled on a 1-for-1 basis for Cypherpunk common stock. The company will deliver the shares, subject to tax withholdings, no later than the fifteenth day of the third calendar month following the calendar year of the grant date.
Was any cash paid for the Cypherpunk Technologies (CYPH) RSU grant?
No cash was paid for this award; the RSUs were issued for no consideration. This reflects stock-based compensation granted under Cypherpunk Technologies’ 2025 Equity Incentive Plan rather than a purchase of shares in the open market.
How many derivative units does the Cypherpunk (CYPH) director hold after this RSU grant?
After the transaction, the Form 4 reports 100,000 derivative units held directly. These units represent the RSUs that can convert into an equal number of Cypherpunk Technologies common shares once vesting and settlement conditions are met.