CFO equity awards at StableCoinX (USDE) tied to business combination and RSUs
Rhea-AI Filing Summary
StableCoinX Inc. Chief Financial Officer Cho Young reported equity awards and share exchanges rather than open-market trades. On 2026-06-25, he acquired Class A and Class B Common Stock at a stated price of $0.0000 per share through awards and a business combination exchange.
Footnotes explain that some Class A and Class B shares were issued in connection with the closing of a business combination among StableCoinX Inc., TLGY Acquisition Corp. and StablecoinX Assets Inc., through an exchange of StablecoinX Assets Class B shares. Additional Class A shares represent Restricted Stock Units that each convert into one Class A share and vest on December 25, 2026, contingent on continued service. For the Class B shares, Cho Young disclaims Section 16 beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 708,299 shares
Net Buy
3 txns
Insider
Cho Young
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 323,750 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 60,799 | $0.00 | $0.00 |
| Grant/Award | Class B Common Stock | 323,750 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 384,549 shares (Direct);
Class B Common Stock — 323,750 shares (Direct)
Footnotes (3)
- F1. These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination (the "Business Combination") among StablecoinX Inc. (the "Issuer"), TLGY Acquisition Corp. ("TLGY"), and StablecoinX Assets Inc. ("SC Assets"), pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets and the other parties thereto (as amended, the "Business Combination Agreement") upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder.
- F2. Represents shares of Class A Common Stock of the Issuer underlying Restricted Stock Units ("RSU"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will vest on December 25, 2026, subject to the Reporting Person's continued service through such date.
- F3. These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination pursuant to the terms of the Business Combination Agreement, upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder. The Reporting Person disclaims Section 16 beneficial ownership of the securities hereby, except to the extent of his pecuniary interest therein, if any.
Key Figures
Class B shares acquired: 323,750 shares
Class B shares held after: 323,750 shares
Class A shares acquired (RSU-related and exchange): 60,799 shares
+4 more
7 metrics
Class B shares acquired
323,750 shares
Class B Common Stock, acquisition on June 25, 2026 at $0.0000
Class B shares held after
323,750 shares
Direct ownership following June 25, 2026 transaction
Class A shares acquired (RSU-related and exchange)
60,799 shares
One reported Class A acquisition on June 25, 2026 at $0.0000
Class A shares held after one transaction
384,549 shares
Total Class A following that June 25, 2026 acquisition
Additional Class A shares acquired
323,750 shares
Separate Class A acquisition on June 25, 2026 at $0.0000
RSU vesting date
December 25, 2026
Restricted Stock Units vest if service continues through this date
Transaction direction summary
3 acquisition entries
Form 4 transactionSummary shows acquireCount of 3, no sales
Key Terms
Restricted Stock Units ("RSU"), Business Combination, Business Combination Agreement, Section 16 beneficial ownership, +2 more
6 terms
Restricted Stock Units ("RSU") financial
"Represents shares of Class A Common Stock of the Issuer underlying Restricted Stock Units ("RSU"), each of which represents a contingent right..."
Business Combination financial
"These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination..."
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Business Combination Agreement financial
"pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets..."
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
Section 16 beneficial ownership regulatory
"The Reporting Person disclaims Section 16 beneficial ownership of the securities hereby, except to the extent of his pecuniary interest..."
Class A Common Stock financial
"Represents shares of Class A Common Stock of the Issuer underlying Restricted Stock Units ("RSU")..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did StableCoinX (USDE) CFO Cho Young report in this Form 4?
Cho Young reported acquiring Class A and Class B Common Stock of StableCoinX Inc. at a stated price of $0.0000 per share. The acquisitions reflect equity awards and share exchanges tied to a business combination, not open-market purchases of stock.
How are RSUs involved in Cho Young’s StableCoinX (USDE) Form 4 filing?
The filing states that some Class A shares underlie Restricted Stock Units, each representing a contingent right to one Class A share. These RSUs will vest on December 25, 2026, provided Cho Young continues serving the company through that vesting date.
How is the StableCoinX (USDE) business combination reflected in this insider filing?
Footnotes explain that certain Class A and Class B shares were issued at closing of a business combination among StableCoinX Inc., TLGY Acquisition Corp., and StablecoinX Assets Inc. These were received by exchanging previously held StablecoinX Assets Class B Common Stock into StableCoinX equity.
What does the Section 16 beneficial ownership disclaimer mean in the StableCoinX (USDE) filing?
For the Class B shares, Cho Young disclaims Section 16 beneficial ownership except for any pecuniary interest. This means he does not concede full economic or voting ownership under Section 16 rules, beyond the portion where he directly benefits financially from those securities.
When will the RSUs reported by StableCoinX (USDE) CFO Cho Young vest?
The filing states that the Restricted Stock Units will vest on December 25, 2026, if Cho Young continues serving the company through that date. Upon vesting, each RSU entitles him to receive one share of StableCoinX’s Class A Common Stock.