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Cypherpunk Technologies (CYPH) director awarded 100,000 RSUs under 2025 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Oei Khing Djien

(Last)(First)(Middle)
C/O CYPHERPUNK TECHNOLOGIES INC.
47 THORNDIKE STREET SUITE B1-1

(Street)
CAMBRIDGE MASSACHUSETTS 02141

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CYPHERPUNK TECHNOLOGIES INC. [ CYPH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)07/01/2026A100,000 (2) (2)Common Stock100,000$0100,000D
Explanation of Responses:
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.
2. 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.
/s/ Douglas E. Onsi, as attorney-in-fact for the reporting person07/02/2026
** Signature of Reporting PersonDate
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)

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.