Bitfufu (FUFU) SVP awarded 480,000 RSUs vesting over 4 years

Rhea-AI Filing Summary

Lu Celine reported acquisition or exercise transactions in this Form 4 filing.

Bitfufu Inc. director and Senior Vice President Celine Lu received a grant of 480,000 restricted share units (RSUs) linked to Class A Ordinary Shares. The RSUs vest in four equal annual installments over a four-year period, beginning on July 1, 2026, and are subject to her continued service through each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lu Celine

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	480,000	$0.00	--

Holdings After Transaction: Restricted Share Units — 480,000 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 480,000 restricted share units Underlying shares: 480,000 Class A Ordinary Shares Vesting start date: July 1, 2026 +3 more

6 metrics

RSUs granted 480,000 restricted share units Grant to Celine Lu on April 15, 2026

Underlying shares 480,000 Class A Ordinary Shares Underlying security for granted RSUs

Vesting start date July 1, 2026 First vesting date for RSUs

Vesting structure 4 equal annual installments RSUs vest over four-year period

Shares after grant 480,000 RSUs Total derivative holdings following transaction

Transaction price per unit $0.0000 per RSU Grant price for restricted share units

Key Terms

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

4 terms

Restricted Share Units financial

"The security title is listed as Restricted Share Units granted to the insider"

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

"The underlying security title for the RSUs is 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

"The transaction code description states 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^*

Lu Celine

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

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		480,000		(1)	(1)	Class A Ordinary Shares	480,000	$0	480,000	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/ Lu Celine	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 did Bitfufu (FUFU) report in this Form 4 for Celine Lu?

Bitfufu reported that director and Senior Vice President Celine Lu received 480,000 restricted share units. These RSUs relate to Class A Ordinary Shares and represent a compensation award rather than an open-market share purchase or sale.

How many restricted share units did Bitfufu (FUFU) grant to Celine Lu?

Celine Lu was granted 480,000 restricted share units. These RSUs correspond to 480,000 underlying Class A Ordinary Shares and reflect a sizeable equity-based compensation award tied to her role with Bitfufu Inc.

What is the vesting schedule for Celine Lu’s 480,000 Bitfufu RSUs?

The 480,000 restricted share units vest in four equal annual installments over four years. Vesting starts on July 1, 2026, with each installment requiring Celine Lu’s continued service through the applicable vesting date.

Do Celine Lu’s Bitfufu restricted share units have an expiration date?

The restricted share units granted to Celine Lu do not have an expiration date. Instead, they are governed by a time-based vesting schedule, with four equal annual installments beginning on July 1, 2026, subject to her continued service.

What type of transaction is reported for Bitfufu (FUFU) insider Celine Lu?

The transaction is classified as a grant or award acquisition of restricted share units. It is coded as an "A" transaction and reflects an equity compensation grant rather than a market purchase or sale of Bitfufu shares.