27,229 RSUs granted to Hut 8 Corp. (HUT) Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Semah Victor reported acquisition or exercise transactions in this Form 4 filing.
Hut 8 Corp. reported that Chief Legal Officer Victor Semah received a grant of 27,229 restricted stock units (RSUs) on June 11, 2026. Each RSU represents a contingent right to receive one share of common stock, settled in stock, cash, or a combination at the company’s discretion.
The 27,229 RSUs vest in three equal annual installments beginning on April 16, 2027, aligning compensation with longer-term company performance. Following this grant, Semah holds 27,229 RSUs directly, all tied to Hut 8 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Semah Victor
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 27,229 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 27,229 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. The RSUs are settled in either common stock or cash (or a combination thereof) at the discretion of the Issuer. On June 11, 2026, the Reporting Person was granted 27,229 RSUs, vesting in three equal annual installments beginning on April 16, 2027.
Key Figures
RSUs granted: 27,229 RSUs
Underlying common shares: 27,229 shares
Post-grant RSU holdings: 27,229 RSUs
+2 more
5 metrics
RSUs granted
27,229 RSUs
Grant to Chief Legal Officer on June 11, 2026
Underlying common shares
27,229 shares
Each RSU represents one Hut 8 common share
Post-grant RSU holdings
27,229 RSUs
Total RSUs held directly following the transaction
Vesting schedule
3 equal annual installments
Beginning April 16, 2027
Grant price
$0.00 per RSU
Equity award with no cash paid by insider
Key Terms
Restricted Stock Units, RSU, contingent right, vesting, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive one share of Issuer common stock"
vesting financial
"granted 27,229 RSUs, vesting in three equal annual installments"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
FAQ
What insider transaction did Hut 8 (HUT) disclose for Victor Semah?
Hut 8 disclosed that Chief Legal Officer Victor Semah received a grant of 27,229 restricted stock units. These RSUs were awarded on June 11, 2026 as equity-based compensation and give him contingent rights to receive Hut 8 common shares over time, subject to vesting.
How many RSUs did Hut 8’s Chief Legal Officer receive in this Form 4?
Victor Semah received 27,229 restricted stock units from Hut 8 Corp. Each RSU corresponds to one share of common stock, giving him potential future ownership. The grant increased his reported RSU holdings to 27,229 units, all held directly, according to the insider filing data.
What is the vesting schedule for Victor Semah’s 27,229 Hut 8 RSUs?
The 27,229 RSUs granted to Victor Semah vest in three equal annual installments. Vesting begins on April 16, 2027, and continues annually thereafter. This schedule ties his compensation to Hut 8’s longer-term performance and his continued service with the company over several years.
How can the Hut 8 RSUs granted to Victor Semah be settled?
Each RSU granted to Victor Semah can be settled in Hut 8 common stock, cash, or a combination of both. The choice of settlement method is at the company’s discretion, meaning Hut 8 decides whether to deliver shares, cash, or a mix upon vesting.