Stablecoin Development director receives 6,000 shares
The reported vestings settled 6,000, 172 and 5 RSUs into common shares; the amounts reflect the issuer's 1-for-5 reverse split.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Stablecoin Development Corp director Yenyou Zheng's late Form 4 reports a 6,000-RSU award on October 16, 2025, followed by settlement into 6,000 common shares when the RSUs vested on October 16, 2026. It also reports settlements of 172 RSUs into common shares on May 28, 2025, and 5 RSUs on June 9, 2024. All share and RSU amounts are adjusted for the issuer's 1-for-5 reverse stock split effective February 20, 2026. The vestings were subject to continued service through the applicable dates. The transactions were reported late following administrative oversight compounded by a change in control and management transition.
Insider Trade Summary
6,177 shares exercised/converted
Exercise
7 txns
Insider
Zheng Yenyou
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F2, F4 | 6,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share F3, F1, F2, F4 | 6,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F3, F1, F2, F4 | 6,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F1, F2, F4 | 172 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share F3, F1, F2, F4 | 172 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F1, F2, F4 | 5 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share F3, F1, F2, F4 | 5 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 146,000 contracts (Direct);
Common Stock, par value $0.01 per share — 6,187 shares (Direct)
Footnotes (4)
- F1. All share and RSU amounts reported in this Form 4 have been adjusted to give effect to the Issuer's 1-for-5 reverse stock split effective February 20, 2026 (the "2026 Reverse Split"). On a pre-2026 Reverse Split basis, (i) the RSUs granted on October 16, 2025, and the shares of common stock issued upon settlement of such RSUs on October 16, 2026, each covered 30,000 RSUs or shares, as applicable, which equals 6,000 RSUs or shares on a post-2026 Reverse Split basis; (ii) the RSUs settled on May 28, 2025, and the shares of common stock issued upon such settlement, each covered 858 RSUs or shares, as applicable, which equals 172 RSUs or shares on a post-2026 Reverse Split basis; and (iii) the RSUs settled on June 9, 2024, and the shares of common stock issued upon such settlement, each covered 25 RSUs or shares, as applicable, which equals 5 RSUs or shares on a post-2026 Reverse Split basis.
- F2. The RSUs granted on May 28, 2024 were reported on the Reporting Person's Form 4 filed on May 30, 2024 as 30,000 RSUs, an amount that did not give effect to the Issuer's 1-for-35 reverse stock split effective May 30, 2024 (the "2024 Reverse Split"). After giving effect to each of the 2024 Reverse Split and the 2026 Reverse Split, such 30,000 RSUs equal 172 RSUs. The RSUs granted on June 9, 2023 were reported on the Reporting Person's Form 4 filed on June 13, 2023 as 858 RSUs; after giving effect to each of the 2024 Reverse Split and the 2026 Reverse Split, such 858 RSUs equal 5 RSUs. Fractional shares and RSUs resulting from the 2024 Reverse Split and the 2026 Reverse Split were rounded up to the nearest whole share or RSU, as applicable.
- F3. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs granted on June 9, 2023 vested in full on June 9, 2024, the first anniversary of the grant date. The RSUs granted on May 28, 2024 vested in full on May 28, 2025, the first anniversary of the grant date, and the RSUs granted on October 16, 2025 vested in full on October 16, 2026, the first anniversary of the grant date, in each case subject to the Reporting Person's continued service through the applicable vesting date. The RSUs have no expiration date.
- F4. The Reporting Person's Form 4 reporting the RSUs granted on March 31, 2026, filed on April 9, 2026, did not include (i) the 6,000 RSUs (on a post-2026 Reverse Split basis) granted on October 16, 2025, which were then held by the Reporting Person and unvested, or (ii) the shares of common stock held by the Reporting Person, including shares acquired upon settlement of RSUs on May 21, 2022, May 11, 2023, June 9, 2024 and May 28, 2025. The holdings reported in this Form 4 correct the holdings previously reported. The 140,000 RSUs granted on March 31, 2026, as reported on such prior Form 4, are not affected by the transactions reported herein and continue to be held by the Reporting Person. The Reporting Person currently beneficially owns 140,000 RSUs.
Key Figures
RSUs granted: 6,000 RSUs
RSUs settled: 6,000 RSUs
RSUs settled: 172 RSUs
+3 more
6 metrics
RSUs granted
6,000 RSUs
Granted October 16, 2025
RSUs settled
6,000 RSUs
Vested and settled for common shares October 16, 2026
RSUs settled
172 RSUs
Settled for common shares May 28, 2025
RSUs settled
5 RSUs
Settled for common shares June 9, 2024
Beneficially owned RSUs
140,000 RSUs
Yenyou Zheng currently beneficially owns this amount
Reverse stock split
1-for-5
Effective February 20, 2026; reported share and RSU amounts are adjusted for the split
Key Terms
Restricted Stock Units, reverse stock split, vesting
3 terms
Restricted Stock Units financial
"The RSUs granted on October 16, 2025"
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.
reverse stock split financial
"Issuer's 1-for-5 reverse stock split effective February 20, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
vesting financial
"subject to the Reporting Person's continued service through the applicable vesting date"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did SDEV director Yenyou Zheng receive or settle?
Yenyou Zheng received a grant of 6,000 RSUs on October 16, 2025, which vested and were settled for 6,000 common shares on October 16, 2026; earlier settlements covered 172 RSUs on May 28, 2025, and 5 RSUs on June 9, 2024. Each RSU represents a contingent right to one common share upon vesting. The amounts are adjusted for the issuer's 1-for-5 reverse stock split effective February 20, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
