Director William Tai boosts Hut 8 Corp. (HUT) stake via RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hut 8 Corp. director William Tai increased his equity exposure through RSU activity. On the vesting date tied to the 2026 Annual General Meeting of Stockholders, 15,713 restricted stock units converted on a one-for-one basis into 15,713 shares of common stock, leaving him with 189,901 common shares held directly.
On the same date, Tai also received a new grant of 4,327 restricted stock units, each representing a contingent right to one share of common stock, scheduled to vest on the date of the 2027 Annual General Meeting. After these transactions, he holds 4,327 RSUs in addition to his common shares, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,713 shares exercised/converted
Mixed
3 txns
Insider
TAI WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,713 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,327 | $0.00 | -- |
| Exercise | Common Stock | 15,713 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 189,901 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer. These RSUs vest on the date of the 2027 Annual General Meeting of the Stockholders of the Issuer.
Key Figures
RSUs converted to common stock: 15,713 shares
New RSU grant: 4,327 RSUs
Common shares after transactions: 189,901 shares
+2 more
5 metrics
RSUs converted to common stock
15,713 shares
RSUs vested and converted one-for-one at 2026 Annual General Meeting
New RSU grant
4,327 RSUs
Grant scheduled to vest at 2027 Annual General Meeting
Common shares after transactions
189,901 shares
Direct ownership following RSU conversion
RSUs outstanding after transactions
4,327 RSUs
Contingent right to receive common stock or cash
Derivative exercises reported
1 transaction, 15,713 units
Form 4 transaction code M, exercise/conversion of RSUs
Key Terms
Restricted Stock Units, contingent right to receive, Annual General Meeting of the Stockholders, settled in either common stock or cash
4 terms
Restricted Stock Units financial
"Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right to receive financial
"Each RSU represents a contingent right to receive one share of Issuer common stock."
Annual General Meeting of the Stockholders regulatory
"These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer."
settled in either common stock or cash financial
"The RSUs will be settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer."
FAQ
What insider transactions did Hut 8 (HUT) director William Tai report?
William Tai reported RSU-related acquisitions only. 15,713 restricted stock units vested into common shares, and he received a new grant of 4,327 RSUs, all held directly with no open-market buying or selling disclosed.
What happened to William Tai’s restricted stock units in this Hut 8 Form 4?
A block of 15,713 restricted stock units vested and converted into 15,713 Hut 8 common shares on a one-for-one basis. Separately, Tai received 4,327 new RSUs that remain outstanding as a contingent right to future common stock.
Were any of William Tai’s Hut 8 transactions open-market buys or sells?
No open-market purchases or sales were reported. The Form 4 shows only RSU-related activity: an exercise/conversion of 15,713 units into common shares and a grant of 4,327 new restricted stock units, all recorded as acquisitions.
When did William Tai’s Hut 8 RSUs vest and when will new RSUs vest?
The RSUs that converted into 15,713 common shares vested on the date of Hut 8’s 2026 Annual General Meeting of Stockholders. The newly granted 4,327 RSUs are scheduled to vest on the date of the company’s 2027 Annual General Meeting.