Dietz Thomas John 4

What Happened

• Thomas John Dietz, a director of Cypherpunk Technologies Inc. (CYPH), had 104,500 restricted stock units (RSUs) converted into 104,500 shares of common stock on March 13, 2026. The conversion was reported as an exercise/conversion of a derivative (code M) and no cash was paid for the shares (reported price $0.00).

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely within the two-business-day window).
• Shares converted/acquired: 104,500 common shares (1-for-1 settlement of December 23, 2025 RSUs).
• Reported consideration: $0.00 (RSUs were granted for no consideration and vested at grant).
• Footnotes: F1 — 104,500 RSUs granted Dec 23, 2025 were settled 1-for-1 for common stock on Mar 13, 2026. F2 — those RSUs vested at issuance on the grant date.
• Shares owned after the transaction: not specified in the provided Form 4 summary.

Context

• This was a conversion/settlement of previously granted RSUs (an award being settled into stock), not an open-market purchase or sale; it does not indicate a buy or sell decision in the market. The reporting code M here reflects exercise/conversion of a derivative security (the RSUs) into shares.