WhiteFiber (WYFI) president receives RSU grants that convert to shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Krassakopoulos Billy
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,624 | $0.00 | -- |
| Exercise | Ordinary Shares, $.01 par value | 15,624 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 327 | $0.00 | -- |
| Exercise | Ordinary Shares, $.01 par value | 327 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 15,624 shares (Direct);
Ordinary Shares, $.01 par value — 27,427 shares (Direct)
Footnotes (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"). These shares were valued at $15.80 the closing market price on December 31, 2025, the Measurement Date under the RSU. 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. 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. Thee RSUs are Performance Vesting RSUs under an RSU Award Agreement dated August 7, 2025 based on Growth EBITDA as of December 31, 2025. The performance RSUs were vested on March 16, 2026, the date when vesting was determined by the Company.
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.
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.
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.