Form 4: Cypherpunk Director Mirabelli Awarded 74,700 RSUs

Cypherpunk Technologies Director Christopher Mirabelli received 74,700 restricted stock units, vesting immediately, as part of the company's 2016 Equity Incentive Plan.

Summary

• Christopher Mirabelli, a Director of Cypherpunk Technologies Inc. (CYPH), was awarded 74,700 Restricted Stock Units (RSUs).
• The RSUs were granted on November 11, 2025, for no consideration, under the Company's 2016 Equity Incentive Plan.
• These RSUs vested immediately upon issuance on November 11, 2025.
• Each RSU will be settled on a 1-for-1 basis for shares of Cypherpunk Technologies Inc. common stock.
• Settlement of the RSUs for common stock will occur as soon as practicable following the earlier of (i) the fifth business day after Mr. Mirabelli ceases to be a director, or (ii) the date of the first annual meeting of stockholders after the grant date.

Sentiment

Score: 7

Explanation: The award of RSUs to a director is generally a positive event, as it aligns the director's interests with shareholders. It's a standard compensation practice and indicates continued engagement.

Positives

• The award of Restricted Stock Units to a director aligns management's interests with those of shareholders, encouraging long-term value creation.
• The immediate vesting of the 74,700 RSUs provides a clear incentive and commitment from the director.

Future Outlook

The RSUs will be settled for common stock as soon as practicable following the earlier of the fifth business day after the reporting person ceases to be a director or the date of the first annual meeting of stockholders of the Company that occurs following the grant date.

Industry Context

Equity compensation, such as Restricted Stock Units, is a common practice across industries to attract, retain, and incentivize directors and key personnel by aligning their financial interests with the long-term performance of the company and its shareholders.

Corporate Governance

Related Party Transactions

• The award of 74,700 Restricted Stock Units to Christopher Mirabelli, a Director of Cypherpunk Technologies Inc., constitutes a related party transaction as it involves compensation provided by the company to an insider.

Stakeholder Impact

• Shareholders: The award aligns the director's financial interests with long-term shareholder value, potentially fostering more diligent oversight and strategic decisions.
• Employees: While not directly impacting employees, such awards are part of a broader compensation philosophy that can influence overall company culture and talent retention strategies.

Next Steps

• The Company will settle the 74,700 RSUs for common stock as soon as practicable upon the occurrence of specified future events (cessation of directorship or first annual meeting post-grant).

Key Dates

Keywords

Cypherpunk Technologies, CYPH, Restricted Stock Units, RSUs, Insider Transaction, Director Compensation, Equity Incentive Plan, SEC Form 4