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Bitfufu (FUFU) director Cui Joshua Kewei awarded 35,000 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cui Joshua Kewei reported acquisition or exercise transactions in this Form 4 filing.

Bitfufu Inc. director Cui Joshua Kewei received a grant of 35,000 Restricted Share Units (RSUs). Each RSU represents one underlying Class A ordinary share. The award was made at a grant price of $0.00 per unit, reflecting compensation rather than a market purchase.

The RSUs vest in two equal annual installments over a two-year period, starting on July 1, 2026, as long as Cui continues to provide service through each vesting date. After this grant, Cui holds 35,000 RSUs directly, and these RSUs have no expiration date.

Positive

  • None.

Negative

  • None.
Insider Cui Joshua Kewei
Role Director
Type Security Shares Price Value
Grant/Award Restricted Share Units 35,000 $0.00 --
Holdings After Transaction: Restricted Share Units — 35,000 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 35,000 units Restricted Share Units granted to director on April 15, 2026
Grant price $0.00 per unit RSU grant recorded as compensation, not market purchase
Underlying shares 35,000 Class A ordinary shares Shares tied to RSUs upon vesting
Post-grant RSU holdings 35,000 RSUs Total RSUs held directly after this transaction
Vesting start date July 1, 2026 First vesting date for RSUs in two equal annual installments
Expiration No expiration date RSUs do not expire; vest per schedule
Restricted Share Units financial
"The restricted share units vest per annum in two equal instalments"
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.
vesting financial
"The restricted share units vest per annum in two equal instalments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A Ordinary Shares financial
"underlying_security_title": "Class A Ordinary Shares""
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
expiration date financial
"The restricted share units do not have an expiration date."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
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*
Cui Joshua Kewei

(Last)(First)(Middle)
29 TAI SENG AVENUE #02-01

(Street)
SINGAPORE534119

(City)(State)(Zip)

SINGAPORE

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bitfufu Inc. [ FUFU ]
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)
04/15/2026
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 Share Units$004/15/2026A35,000 (1) (1)Class A Ordinary Shares35,000$035,000D
Explanation of Responses:
1. The restricted share units vest per annum in two equal instalments over a two-year period, starting from July 1, 2026, subject to the reporting person's continued service through the applicable vesting date. The restricted share units do not have an expiration date.
/s/ Cui Joshua Kewei04/16/2026
** 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 insider transaction did Bitfufu (FUFU) director Cui Joshua Kewei report?

Bitfufu director Cui Joshua Kewei reported receiving 35,000 Restricted Share Units as a compensation grant. The RSUs were awarded at a price of $0.00 per unit and each unit corresponds to one Class A ordinary share upon vesting, subject to service conditions.

How many Bitfufu (FUFU) RSUs were granted to director Cui Joshua Kewei?

Cui Joshua Kewei was granted 35,000 Restricted Share Units. These 35,000 RSUs are tied to 35,000 underlying Class A ordinary shares and represent a stock-based compensation award rather than an open-market purchase or sale transaction.

What is the vesting schedule for Cui Joshua Kewei’s Bitfufu (FUFU) RSUs?

The 35,000 RSUs vest over two years in two equal annual installments. Vesting begins on July 1, 2026, and requires Cui’s continued service through each vesting date, meaning the award becomes earned gradually rather than immediately.

Does the Bitfufu (FUFU) RSU grant to Cui Joshua Kewei have an expiration date?

The RSU grant does not have an expiration date. Instead of expiring, the units become earned over time according to the two-year vesting schedule, provided Cui continues to serve through the specified vesting dates beginning July 1, 2026.

Is Cui Joshua Kewei’s Bitfufu (FUFU) RSU grant a market buy or sell transaction?

The RSU grant is not a market buy or sell transaction. It is a compensation-related award recorded as an acquisition under code A, with a grant price of $0.00 per unit, and vests over time based on continued service.