Silvia corrects CTO's 45,000-share tax withholding
The corrected position includes 435,644 shares held in escrow to secure indemnification obligations, which Shain Noor could not transfer while they remained there.
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Rhea-AI Filing Summary
Silvia, Inc.'s chief technology officer, Shain Noor, reports a corrected disposition of 45,000 shares withheld on October 6, 2026, to satisfy tax obligations when 125,628 restricted stock units vested; the reported price was $4.18 per share. After withholding, 80,628 shares were delivered. The amendment removes a separate acquisition entry for settlement delivery and corrects reported beneficial ownership to 4,484,326 shares, including 251,257 shares underlying unvested RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share F1, F2 | 45,000 | $4.18 | $188K |
Footnotes (2)
- F1. Represents shares of common stock, par value $0.001 per share (the "Common Stock"), of Silvia, Inc. (formerly known as ProCap Financial, Inc.) (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations upon the settlement of 125,628 restricted stock units ("RSUs") that vested on October 6, 2026. After such withholding, 80,628 shares of Common Stock were delivered to the Reporting Person.
- F2. Consists of (i) 4,233,069 shares of Common Stock held directly, including 435,644 shares of Common Stock received by the Reporting Person in the merger of Silvia Merger Sub, Inc. with and into CFO Silvia, Inc. on April 6, 2026 and held in escrow for the benefit of the Reporting Person to secure indemnification obligations under the related merger agreement, which shares may not be transferred by the Reporting Person while so held, and (ii) 251,257 shares of Common Stock underlying unvested RSUs granted to the Reporting Person on May 19, 2026, which are scheduled to vest as follows: 125,628 RSUs on January 6, 2027 and 125,629 RSUs on April 6, 2027, in each case subject to the Reporting Person's continued service and the other terms of the award.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
beneficially owned regulatory
held in escrow technical
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