Huang Erke 4

What Happened

• Huang Erke, Chief Financial Officer of WhiteFiber, was granted 66,094 performance-based restricted stock units (RSUs) under the company's 2025 Omnibus Equity Incentive Plan on March 19, 2026. Those RSUs immediately vested and were converted into 66,094 ordinary shares the same day. The RSUs were granted at $0.00 but were valued at the March 19 closing price of $15.13 per share (≈ $1,000,002 total).

Key Details

• Transaction date: March 19, 2026 (reported on Form 4 filed March 23, 2026).
• Transactions reported: Grant/award (Code A) of 66,094 RSUs and conversion/exercise of derivative (Code M) resulting in issuance of 66,094 shares.
• Grant price / cash paid: $0.00 (award); market valuation used in filing: $15.13/share (F2), total ≈ $1.0M.
• Footnotes: F1 — RSUs issued upon immediate vesting; F3 — performance-based RSUs issued under the 2025 Plan and exempt under Rule 16b-3.
• Shares owned after the transaction: Not specified in the provided filing data.
• Filing timeliness: Form 4 was filed on March 23, 2026 covering the March 19 transactions (no late-filing flag shown in the provided data).

Context

• These were equity awards (compensation) rather than open-market purchases or sales. Each RSU represents the right to one ordinary share and the reported "exercise/conversion" reflects issuance of shares upon vesting. Awards like this are common forms of executive compensation and do not, by themselves, indicate a buy/sell decision in the open market.