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Bitfufu (FUFU) director receives 35,000 RSUs vesting from 2026

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

Rhea-AI Filing Summary

Liu Huaiyu reported acquisition or exercise transactions in this Form 4 filing.

Bitfufu Inc. director Liu Huaiyu received a grant of 35,000 Restricted Share Units that are settled in Class A Ordinary Shares. The RSUs vest per annum in two equal instalments over a two-year period starting on July 1, 2026, subject to continued service through each vesting date. Following this grant, Liu holds 35,000 RSUs directly, and the units have no stated expiration date.

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Insider Liu Huaiyu
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
Underlying shares 35,000 Class A Ordinary Shares Shares underlying the granted Restricted Share Units
Grant price per unit $0.0000 per unit Transaction price per RSU in the award
Post-transaction RSU holdings 35,000 units Total RSUs held directly after the grant
Vesting start date July 1, 2026 First vesting date for RSUs
Vesting pattern Two equal annual instalments over two years Service-based vesting schedule for RSUs
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.
Class A Ordinary Shares financial
"underlying security title is listed as 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.
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.
continued service financial
"subject to the reporting person's continued service through the applicable vesting date"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this RSU award"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Liu Huaiyu

(Last)(First)(Middle)
7 TEMASEK BOULEVARD
SUNTEC TOWER 1, #11-01

(Street)
SINGAPORE038987

(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/ Liu Huaiyu04/16/2026
** 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) report for director Liu Huaiyu?

Bitfufu reported that director Liu Huaiyu received 35,000 Restricted Share Units. These RSUs are a share-based award that convert into Class A Ordinary Shares as they vest according to the disclosed schedule over a two-year period starting July 1, 2026.

How many Bitfufu (FUFU) Restricted Share Units were granted in this Form 4?

The Form 4 shows a grant of 35,000 Restricted Share Units to director Liu Huaiyu. Each unit represents the right to receive one Class A Ordinary Share upon vesting, creating a 35,000-share potential equity stake tied to service-based vesting conditions.

What is the vesting schedule for Liu Huaiyu’s Bitfufu (FUFU) RSU award?

The RSUs vest per annum in two equal instalments over a two-year period, starting on July 1, 2026. Vesting is conditioned on Liu Huaiyu’s continued service with the company through each applicable vesting date, aligning the award with ongoing tenure.

Does the Bitfufu (FUFU) RSU grant to Liu Huaiyu have an expiration date?

The filing states that the Restricted Share Units do not have an expiration date. Instead of expiring, they vest in two equal annual instalments over two years beginning July 1, 2026, provided the service condition is satisfied at each vesting point.

What holdings does Liu Huaiyu report after this Bitfufu (FUFU) RSU transaction?

After the transaction, Liu Huaiyu reports holding 35,000 Restricted Share Units directly. These RSUs are linked to an equivalent number of Class A Ordinary Shares, which will be delivered upon vesting if the continued service requirement is met.