Tabar Samir 4
4 · WhiteFiber, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
WhiteFiber (WYFI) CEO Tabar Samir Receives Award
What Happened
Tabar Samir, the Chief Executive Officer of WhiteFiber, received and converted 33,047 restricted stock units (RSUs) into 33,047 ordinary shares on March 19, 2026. The award/grant entry shows 33,047 shares acquired at $0.00 (company compensation), and the derivative conversion/exercise entry reflects the issuance of 33,047 shares. Using the closing market price of $15.13 on March 19, 2026, these shares were valued at approximately $500,001.11. This was an equity award / vesting event (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (filed within the standard 2-business-day window).
- Reported transactions: (A) Grant/Award of 33,047 RSUs @ $0.00; (M) Conversion/exercise resulting in issuance of 33,047 ordinary shares.
- Valuation: 33,047 shares × $15.13 close on 3/19/26 = $500,001.11 (footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Shares issued upon immediate vesting of RSUs under the 2025 Omnibus Equity Incentive Plan.
- F3: RSUs are performance-based and were issued in an exempt transaction under Rule 16b-3.
- Filing timeliness: Filed March 23, 2026 — consistent with Form 4 timing requirements for a March 19 transaction.
Context
This filing documents a compensation-related equity award and immediate vesting/conversion to ordinary shares. Such awards reflect company compensation and performance-based incentives rather than the insider buying or selling stock on the open market, so they do not necessarily signal the CEO’s personal view to buy or sell. The Rule 16b-3 exemption noted in the filing is a standard SEC provision that permits certain insider awards without short-swing profit recovery.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares, $.01 par value
[F1][F2]2026-03-19+33,047→ 180,105 total - Award
Restricted Stock Units
[F3]2026-03-19+33,047→ 33,047 totalExercise: $0.01From: 2026-03-19Exp: 2035-02-06→ Ordinary Shares (33,047 underlying)
Footnotes (3)
- [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 $15.13 the closing market price on March 19, 2026.
- [F3]Represents RSUs granted pursuant to the Plan. Each RSU represents the right to receive one Ordinary Share of the Issuer. These performance based RSUs were issued under the Plan in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.