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SHF Holdings, Inc. reporting person Terrance Elliot Mendez, who serves as a director, CEO and interim CFO, disclosed receipt of a stock option on 08/07/2025. The option covers 91,751 shares of common stock with an exercise price of $2.40 per share and shows 91,751 shares beneficially owned following the transaction in a direct capacity. The option has an expiration/exercisable reference of 08/06/2035 and vests 100% only upon the issuer completing an equity financing that raises at least $4 million. The Form 4 is signed by Mr. Mendez on 09/17/2025.
Insider grant vested and became exercisable: Francis A. Braun III, a director of SHF Holdings, Inc. (ticker shown as SHFS in the filing), had a stock option that vested 100% on August 7, 2025. The option covers 53,144 underlying shares with an exercise price of $2.40 per share and an expiration date of August 6, 2035. Following the reported transaction the filing shows 53,114 shares beneficially owned directly.
The filing is a Form 4 reporting an individual (one reporting person) exercise-right acquisition event for an insider director. The signature block shows the report was signed on September 17, 2025. No cash exercise or sale of shares is reported in this Form 4; it documents the vesting and resulting beneficial ownership and the terms of the derivative (option).