WhiteFiber, Inc. (WYFI) grants CFO 4,219 shares
Rhea-AI Filing Summary
Zhu Justin reported acquisition or exercise transactions in this Form 4 filing.
WhiteFiber, Inc. reported that Chief Financial Officer Justin Zhu received 4,219 Ordinary Shares on August 1, 2026, through the vesting of Restricted Stock Units granted as a signing bonus under his employment agreement. The shares were valued at $23.70 per share, based on the July 31, 2026 closing price, and increased his direct holdings to 13,701 Ordinary Shares in a transaction exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,219 shares
Net Buy
1 txn
Insider
Zhu Justin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F2, F1 | 4,219 | -- | -- |
Holdings After Transaction:
Ordinary Shares — 13,701 shares (Direct)
Footnotes (2)
- F1. Represents Ordinary Shares, par value $0.01 per share, of the Issuer, issued upon vesting of Restricted Stock Units ("RSUs") immediately on the grant date, August 1, 2026. The RSUs were granted as a signing bonus pursuant to the Reporting Person's employment agreement with the Company, effective August 1, 2026 (the "Employment Agreement"), entered into in connection with the Reporting Person's appointment as the Company's Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, as previously disclosed in the Issuer's Current Report on Form 8-K, previously filed on August 3, 2026.
- F2. These Ordinary Shares were valued at $23.70 per share, the closing market price of the Company's Ordinary Shares on July 31, 2026, the measurement date for the RSUs, rounded to the nearest whole share and issued in a transaction exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
Key Figures
Shares acquired: 4,219 Ordinary Shares
Holdings after transaction: 13,701 Ordinary Shares
Per-share valuation: $23.70 per share
+1 more
4 metrics
Shares acquired
4,219 Ordinary Shares
Non-derivative equity award on August 1, 2026
Holdings after transaction
13,701 Ordinary Shares
Total direct ownership following August 1, 2026 award
Per-share valuation
$23.70 per share
Closing market price on July 31, 2026, RSU measurement date
RSU grant and vesting date
August 1, 2026
Grant date when RSUs vested and shares were issued
Key Terms
Restricted Stock Units, signing bonus, Rule 16b-3, measurement date
4 terms
Restricted Stock Units financial
"issued upon vesting of Restricted Stock Units ("RSUs") immediately on the grant date"
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.
signing bonus financial
"The RSUs were granted as a signing bonus pursuant to the Reporting Person's employment agreement"
Rule 16b-3 regulatory
"issued in a transaction exempt pursuant to Rule 16b-3 under the Securities Exchange Act"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
measurement date financial
"closing market price on July 31, 2026, the measurement date for the RSUs"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did WhiteFiber (WYFI) report for CFO Justin Zhu?
WhiteFiber disclosed that CFO Justin Zhu received 4,219 Ordinary Shares on August 1, 2026. The shares were issued upon vesting of Restricted Stock Units granted as a signing bonus under his employment agreement and treated as a compensation-related, Rule 16b-3–exempt award.
Why were the RSUs granted to Justin Zhu at WhiteFiber (WYFI)?
The Restricted Stock Units that led to issuance of 4,219 shares were granted as a signing bonus. They were provided under Justin Zhu’s employment agreement in connection with his appointment as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.
On what dates were Justin Zhu’s RSUs effective and valued at WhiteFiber (WYFI)?
The RSUs vested and resulted in share issuance on August 1, 2026, the grant date. For valuation, WhiteFiber used the July 31, 2026 closing market price of $23.70 per share as the RSU measurement date.