Bitfufu (FUFU) director Cui Joshua Kewei awarded 35,000 RSUs
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
RSUs granted: 35,000 units
Grant price: $0.00 per unit
Underlying shares: 35,000 Class A ordinary shares
+3 more
6 metrics
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
Key Terms
Restricted Share Units, vesting, Class A Ordinary Shares, Grant, award, or other acquisition, +1 more
5 terms
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.
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.
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.