STOCK TITAN

WhiteFiber (WYFI) CFO Justin Zhu reports 9,482 spin-off ordinary shares

(Neutral)
(Neutral)
Form Type
3

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.

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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)
  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.
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
Ordinary Shares financial
"Ordinary Shares, $.01 par value"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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.

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FAQ

What does WhiteFiber (WYFI) disclose about CFO Justin Zhu’s shareholdings?

WhiteFiber reports that Chief Financial Officer Justin Zhu directly holds 9,482 Ordinary Shares. These shares were granted while he worked at Bit Digital, Inc. and carried over as part of Bit Digital’s spin-off of WhiteFiber.

How many WhiteFiber (WYFI) shares does CFO Justin Zhu beneficially own?

CFO Justin Zhu is reported as directly holding 9,482 Ordinary Shares of WhiteFiber. This figure reflects shares he received from prior grants at Bit Digital, Inc. that were tied to Bit Digital’s spin-off of WhiteFiber, Inc.

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.

How did WhiteFiber (WYFI) CFO Justin Zhu receive his 9,482 shares?

The 9,482 Ordinary Shares were received through grants at Bit Digital, Inc. while Zhu was an employee there. According to a footnote, the shares were tied to Bit Digital’s spin-off of WhiteFiber, transferring that equity into WhiteFiber stock.

Is the 9,482-share position of WhiteFiber (WYFI) CFO Justin Zhu a new purchase?

The reported 9,482-share position reflects existing holdings, not a newly reported purchase or sale. A footnote clarifies the shares stem from earlier Bit Digital, Inc. grants associated with Bit Digital’s spin-off of WhiteFiber, Inc.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Zhu Justin

(Last)(First)(Middle)
31 HUDSON YARDS, FLOOR 11, SUITE 30

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2026
3. Issuer Name and Ticker or Trading Symbol
WhiteFiber, Inc. [ WYFI ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, $.01 par value(1)9,482D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Justin Zhu08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)