Bitfufu (FUFU) CFO Calla Zhao receives 224,000 RSU equity award

Rhea-AI Filing Summary

Zhao Calla reported acquisition or exercise transactions in this Form 4 filing.

Bitfufu Inc. reported that Chief Financial Officer Calla Zhao received a grant of 224,000 Restricted Share Units. Each unit represents the right to receive one Class A ordinary share.

According to the terms, the RSUs vest in four equal annual installments over a four-year period starting on July 1, 2026, as long as the executive continues to provide services through each vesting date. The RSUs have no expiration date, and following this grant Zhao holds 224,000 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zhao Calla

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	224,000	$0.00	--

Holdings After Transaction: Restricted Share Units — 224,000 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 224,000 units Underlying shares: 224,000 shares Vesting start date: July 1, 2026 +3 more

6 metrics

RSUs granted 224,000 units Restricted Share Units granted to CFO on April 15, 2026

Underlying shares 224,000 shares Class A ordinary shares underlying the RSUs

Vesting start date July 1, 2026 First vesting date for RSUs, then annually for four years

Installments 4 equal installments Annual vesting over four-year period

Price per unit $0.0000 Grant price per Restricted Share Unit

RSUs held after grant 224,000 units Total RSUs directly held by CFO following transaction

Key Terms

Restricted Share Units, vesting, Class A Ordinary Shares, grant, award, or other acquisition

4 terms

Restricted Share Units financial

"The restricted share units vest per annum in four 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 four equal instalments over a four-year period"

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"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Zhao Calla

(Last) (First) (Middle)

7 TEMASEK BOULEVARD

SUNTEC TOWER 1, #11-01

(Street)

SINGAPORE 038987

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	$0	04/15/2026		A		224,000		(1)	(1)	Class A Ordinary Shares	224,000	$0	224,000	D

Explanation of Responses:

1. The restricted share units vest per annum in four equal instalments over a four-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/ Zhao Calla	04/16/2026
	** Signature of Reporting Person	Date
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) disclose for Calla Zhao?

Bitfufu disclosed that Chief Financial Officer Calla Zhao received a grant of 224,000 Restricted Share Units. Each RSU corresponds to one Class A ordinary share, representing a compensation-related equity award rather than an open-market stock purchase or sale.

How many Bitfufu (FUFU) RSUs were granted to the CFO in this Form 4?

The Form 4 shows that Bitfufu’s CFO Calla Zhao was granted 224,000 Restricted Share Units. These RSUs convert into an equal number of Class A ordinary shares as they vest over time, aligning part of her compensation with the company’s equity.

What is the vesting schedule for Calla Zhao’s Bitfufu (FUFU) RSU grant?

The RSU grant to Bitfufu’s CFO vests in four equal annual installments over four years. Vesting begins on July 1, 2026, and continues each year, conditioned on her continued service with the company through each applicable vesting date.

Do the Bitfufu (FUFU) Restricted Share Units granted to the CFO have an expiration date?

The Restricted Share Units granted to Bitfufu’s CFO do not have an expiration date. Instead, the award is governed by its vesting schedule, with four equal annual installments beginning July 1, 2026, subject to her continued service through each vesting date.

Is the Bitfufu (FUFU) CFO’s RSU transaction a market purchase or sale of shares?

The transaction is a grant of 224,000 Restricted Share Units to the CFO, not a market trade. It is classified as a grant or award acquisition, reflecting equity-based compensation rather than an open-market purchase or sale of Bitfufu shares.

How many Bitfufu (FUFU) RSUs does the CFO hold after this grant?

After this transaction, Bitfufu’s CFO Calla Zhao holds 224,000 Restricted Share Units directly. These units will convert into Class A ordinary shares as they vest annually over four years starting July 1, 2026, under the award’s vesting conditions.