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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,624 | $0.00 | $0.00 |
| Exercise | Ordinary Shares, $.01 par value | 15,624 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 327 | $0.00 | $0.00 |
| Exercise | Ordinary Shares, $.01 par value | 327 | $0.00 | $0.00 |
Footnotes (6)
- F1. 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").
- F2. These shares were valued at $15.80 the closing market price on December 31, 2025, the Measurement Date under the RSU.
- F3. 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.
- F4. 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.
- F5. Thee RSUs are Performance Vesting RSUs under an RSU Award Agreement dated August 7, 2025 based on Growth EBITDA as of December 31, 2025.
- F6. The performance RSUs were vested on March 16, 2026, the date when vesting was determined by the Company.
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