Director receives 75,000 RSUs at Cypherpunk Technologies (CYPH)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cypherpunk Technologies Inc. reported that director Patricia A. Martin received a grant of 75,000 restricted stock units (RSUs). These RSUs were issued for no cash consideration under the company’s 2025 Equity Incentive Plan and will convert into common shares on a 1-for-1 basis.
The RSUs vest on June 15, 2027. Subject to tax withholding and award terms, the company will settle the vested RSUs in common stock no later than the fifteenth day of the third calendar month following the calendar year of the grant date. Following this award, Martin holds 75,000 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Patricia A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 75,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 75,000 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: 75,000 units
Exercise/issue price: $0.00 per unit
Underlying shares: 75,000 shares
+2 more
5 metrics
RSUs granted
75,000 units
Restricted stock units awarded to director on July 1, 2026
Exercise/issue price
$0.00 per unit
RSUs issued for no consideration under 2025 Equity Incentive Plan
Underlying shares
75,000 shares
1-for-1 settlement into Cypherpunk common stock
Vesting date
June 15, 2027
RSUs vest on this date before share settlement window
Holdings after grant
75,000 RSUs
Total derivative holdings following this award
Key Terms
Restricted Stock Units, 2025 Equity Incentive Plan, vest, tax withholdings
4 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") to be settled on a 1 for 1 basis for shares"
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."
vest financial
"The RSUs will vest on June 15, 2027."
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.
tax withholdings financial
"Subject to the terms of the RSU award and applicable tax withholdings, the Company shall settle the RSUs"
FAQ
What insider transaction did Cypherpunk Technologies (CYPH) report for Patricia A. Martin?
Cypherpunk Technologies reported that director Patricia A. Martin received a grant of 75,000 restricted stock units. These RSUs were awarded under the company’s 2025 Equity Incentive Plan, increasing her direct derivative holdings to 75,000 units tied to common stock.
How many RSUs did Patricia A. Martin receive from Cypherpunk Technologies (CYPH)?
Patricia A. Martin received 75,000 restricted stock units from Cypherpunk Technologies. Each RSU is designed to settle into one share of common stock, giving her potential future ownership of 75,000 shares once the vesting and settlement conditions are satisfied.
When do Patricia A. Martin’s Cypherpunk Technologies (CYPH) RSUs vest?
The 75,000 RSUs granted to Patricia A. Martin vest on June 15, 2027. After vesting, Cypherpunk Technologies must settle the RSUs in common stock by the fifteenth day of the third calendar month following the calendar year in which the grant date occurred.
Did Patricia A. Martin pay cash for her Cypherpunk Technologies (CYPH) RSU grant?
No cash was paid for this RSU grant. The filing states that the 75,000 restricted stock units were issued under Cypherpunk Technologies’ 2025 Equity Incentive Plan for no consideration, reflecting a compensation-based equity award rather than an open-market purchase.
What do the RSUs granted by Cypherpunk Technologies (CYPH) entitle Patricia A. Martin to receive?
The RSUs entitle Patricia A. Martin to receive Cypherpunk Technologies common stock on a 1-for-1 basis. Once the 75,000 units vest and settlement conditions are met, they will be settled in an equal number of common shares, subject to applicable tax withholdings.
How are Patricia A. Martin’s RSUs under the Cypherpunk Technologies (CYPH) 2025 plan settled?
After vesting, Cypherpunk Technologies will settle Patricia A. Martin’s RSUs in common stock. The company must deliver the shares no later than the fifteenth day of the third calendar month after the calendar year in which the grant date occurs, after tax withholdings.