WhiteFiber (WYFI) CFO Justin Zhu reports 9,482 spin-off ordinary shares
Rhea-AI Filing Summary
WhiteFiber, Inc. reported initial insider holdings for its Chief Financial Officer, Justin Zhu. He is shown as directly holding 9,482 Ordinary Shares of the company’s $.01 par value stock. A footnote explains these shares were received from grants made while he was an employee of Bit Digital, Inc. in connection with Bit Digital’s spin-off of WhiteFiber.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zhu Justin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares, $.01 par value F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, $.01 par value — 9,482 shares (Direct)
Footnotes (1)
- F1. Represents Ordinary Shares of the Issuer received by the Reporting Person in connection with grant made to the Reporting Person while he was an employee of Bit Digital, Inc. ("BTBT"), the Issuer's former parent company, in connection with BTBT's spin-off of the Issuer.
Key Figures
Ordinary Shares Held: 9482 Ordinary Shares
Par Value per Share: $.01 par value
Reporting Date: 2026-08-01
3 metrics
Ordinary Shares Held
9482 Ordinary Shares
Direct holdings reported by CFO Justin Zhu as of 2026-08-01
Par Value per Share
$.01 par value
Stated par value of each Ordinary Share reported
Reporting Date
2026-08-01
Date of the holdings entry reported for Justin Zhu
Key Terms
Ordinary Shares, par value, spin-off
3 terms
par value financial
"Ordinary Shares, $.01 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
spin-off financial
"in connection with BTBT's spin-off of the Issuer."
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What type of security does Justin Zhu hold in WhiteFiber (WYFI)?
Justin Zhu holds Ordinary Shares of WhiteFiber, each with $.01 par value. These shares originated from equity grants at Bit Digital, Inc. and became WhiteFiber shares in connection with Bit Digital’s corporate spin-off of the company.