WhiteFiber (WYFI) president receives RSU grants that convert to shares

Rhea-AI Filing Summary

Krassakopoulos Billy reported acquisition or exercise transactions in this Form 4 filing.

WhiteFiber, Inc. President Billy Krassakopoulos reported equity compensation activity rather than open‑market trading. He received 15,624 restricted stock units under WhiteFiber's 2025 Omnibus Equity Incentive Plan that vested based on Growth EBITDA as of December 31, 2025, resulting in the same number of ordinary shares issued on March 16, 2026.

He also received 327 additional RSUs and related ordinary shares on January 13, 2026 due to an administrative correction tied to a prior Bit Digital, Inc. award, which the company notes was not a discretionary transaction. Following these transactions, he directly holds 27,427 ordinary shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krassakopoulos Billy

(Last) (First) (Middle)

C/O WHITEFIBER, INC 31 HUDSON YARDS

FLOOR 11, SUITE 30

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WhiteFiber, Inc. [ WYFI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares, $.01 par value	03/16/2026	03/16/2026	M		15,624(1)	A	(2)	27,427	D
Ordinary Shares, $.01 par value	01/13/2026	01/13/2026	M		327(3)	A	(4)	11,803	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(5)	$0.01	03/16/2026	03/16/2026	A		15,624		(6)	03/12/2035	Ordinary Shares, $.01 par value	15,624	$0	15,624	D
Restricted Stock Units(3)	$0.01	01/13/2026	01/13/2026	A		327		(3)	03/12/2035	Ordinary Shares, $.01 par value	327	$0	327	D

Explanation of Responses:

1. Represents Ordinary Shares issued upon the immediate vesting of restricted stock units ("RSUs") awarded under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan").

2. These shares were valued at $15.80 the closing market price on December 31, 2025, the Measurement Date under the RSU.

3. Represents 327 Ordinary Shares issued on January 13, 2026, as a result of an administrative error related to the October 31, 2025 issuance. The RSUs were issued in exchange for Bit Digital, Inc. RSUs previously granted to Mr. Krassakopoulos by Bit Digital, Inc. prior to the IPO of WhiteFiber, Inc.

4. These shares were valued at $18.43 the closing market price on January 13, 2026. This does not represent a discretionary transaction by a reporting person.

5. Thee RSUs are Performance Vesting RSUs under an RSU Award Agreement dated August 7, 2025 based on Growth EBITDA as of December 31, 2025.

6. The performance RSUs were vested on March 16, 2026, the date when vesting was determined by the Company.

	/s/ Billy Krassakopoulos	03/17/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did WhiteFiber (WYFI) president Billy Krassakopoulos report?

Billy Krassakopoulos reported equity awards and conversions, not market trades. He received 15,624 performance-based RSUs that vested into ordinary shares and 327 additional RSUs from an administrative correction, all under company equity arrangements rather than open-market buying or selling.

How many WhiteFiber (WYFI) shares does the president hold after these Form 4 transactions?

After these transactions, the president directly holds 27,427 ordinary shares of WhiteFiber. This total reflects shares issued upon vesting and conversion of restricted stock units on January 13, 2026 and March 16, 2026, as reported in the Form 4 filing.

Were the WhiteFiber (WYFI) president’s reported transactions discretionary purchases or compensation-related?

The transactions were compensation-related, not discretionary purchases. The RSUs were granted under WhiteFiber’s 2025 Omnibus Equity Incentive Plan, with one 327-share issuance explicitly described as an administrative error correction and “not a discretionary transaction” by the reporting person.

What performance metric drove the vesting of WhiteFiber (WYFI) performance RSUs?

The performance RSUs were tied to Growth EBITDA as of December 31, 2025. An RSU Award Agreement dated August 7, 2025 set this metric, and the company determined vesting on March 16, 2026, when the performance-based RSUs vested and converted into ordinary shares.

At what values were the WhiteFiber (WYFI) RSU-related shares measured in the Form 4?

One RSU-related issuance was valued at $15.80 per share, the closing market price on December 31, 2025. Another was valued at $18.43 per share, the closing market price on January 13, 2026, according to the Form 4 footnotes.

Which equity plan covers the WhiteFiber (WYFI) president’s reported RSU awards?

The RSU awards were made under WhiteFiber’s 2025 Omnibus Equity Incentive Plan. The Form 4 notes that the performance-vesting RSUs, which later converted into ordinary shares, were granted pursuant to this plan and an RSU Award Agreement dated August 7, 2025.