Silvia CTO Noor Shain receives 503K-unit stock grant
The grant vests in installments through April 6, 2027, subject to continued service and the award terms.
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Form Type
4
Rhea-AI Filing Summary
Silvia, Inc. Chief Technology Officer Noor Shain received a grant of 502,513 restricted stock units on May 19, 2026, under the ProCap Financial, Inc. 2025 Equity Incentive Plan. The units vest in four installments through April 6, 2027, subject to continued service and the award terms. No shares were issued on the grant date, and the RSUs carry no voting or dividend rights unless and until issued. Reported shares following the transaction totaled 4,576,737 as of May 19, 2026; this includes 435,644 shares held in escrow and 502,513 RSU underlying shares, none vested or settled.
Insider Trade Summary
Grant/Award: 502,513 shares
Grant/Award
1 txn
Insider
Noor Shain
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share F1, F2 | 502,513 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 4,576,737 shares (Direct)
Holdings Before and After:
Common Stock, par value $0.001 per share, 4,074,224 to 4,576,737 shares (Direct)
Footnotes (2)
- F1. Represents shares of common stock, par value $0.001 per share, of Silvia, Inc. (formerly known as ProCap Financial, Inc.) (the "Common Stock") underlying 502,513 restricted stock units ("RSUs") granted to the Reporting Person on May 19, 2026, under the ProCap Financial, Inc. 2025 Equity Incentive Plan. Each RSU represents the right to receive one share of Common Stock upon vesting, in accordance with the terms of the award. The RSUs vest as follows: 125,628 RSUs on July 6, 2026; 125,628 RSUs on October 6, 2026; 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. No shares of Common Stock were issued to the Reporting Person on the grant date, and the Reporting Person has no voting or dividend rights with respect to the underlying shares of Common Stock unless and until they are issued.
- F2. Consists of (i) 3,638,580 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, (ii) 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 be voted by, but may not be transferred by, the Reporting Person while so held, and (iii) 502,513 shares of Common Stock underlying the RSUs reported herein, none of which had vested or been settled as of May 19, 2026.
Key Figures
Restricted stock units granted: 502,513 RSUs
First vesting installment: 125,628 RSUs
Second vesting installment: 125,628 RSUs
+4 more
7 metrics
Restricted stock units granted
502,513 RSUs
Granted May 19, 2026
First vesting installment
125,628 RSUs
Vests July 6, 2026, subject to continued service and award terms
Second vesting installment
125,628 RSUs
Vests October 6, 2026, subject to continued service and award terms
Third vesting installment
125,628 RSUs
Vests January 6, 2027, subject to continued service and award terms
Fourth vesting installment
125,629 RSUs
Vests April 6, 2027, subject to continued service and award terms
Reported shares following transaction
4,576,737 shares
As of May 19, 2026; includes escrowed shares and RSU underlying shares not vested or settled
Shares held in escrow
435,644 shares
Held in escrow for the benefit of Noor Shain
Key Terms
restricted stock units, vesting, Equity Incentive Plan, escrow, +1 more
5 terms
restricted stock units financial
"502,513 restricted stock units ("RSUs") granted"
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.
vesting financial
"upon vesting, in accordance with the terms of the award"
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.
Equity Incentive Plan financial
"under the ProCap Financial, Inc. 2025 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
escrow financial
"held in escrow for the benefit of the Reporting Person"
A neutral third party holds money, documents, or assets until both sides in a transaction meet agreed conditions, like a safety deposit box that only opens when everyone fulfills the rules. For investors, escrow reduces risk and increases certainty by ensuring payments or shares are released only when contractual steps are completed, which affects deal timing, legal protection, and the likelihood that a transaction will close as planned.
indemnification obligations regulatory
"to secure indemnification obligations under the related merger agreement"
A company's indemnification obligations are promises it has made to cover certain losses, legal costs, or damages that another party might suffer because of the company’s actions or events tied to a deal. Think of it like a guarantee or built-in insurance: if something goes wrong, the company must step in and pay. For investors this matters because these potential payouts create contingent liabilities that can reduce cash, raise legal exposure, and affect a company’s value and risk profile.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did SVIA CTO Noor Shain receive?
Noor Shain received a grant of 502,513 restricted stock units on May 19, 2026, under the ProCap Financial, Inc. 2025 Equity Incentive Plan. No shares were issued on the grant date.
When do Noor Shain's SVIA RSUs vest?
The 502,513 RSUs vest in four installments: 125,628 on July 6, 2026; 125,628 on October 6, 2026; 125,628 on January 6, 2027; and 125,629 on April 6, 2027. Vesting is subject to continued service and the other award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
