Park Jeffrey Jin Hyung 4
4 · ProCap Financial, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
ProCap Financial (BRR) CIO Jeffrey Park Receives 200,000-Share RSU Award
What Happened
Jeffrey Jin Hyung Park, Chief Investment Officer of ProCap Financial (BRR), received an award of 200,000 restricted stock units (RSUs) that settled into common shares on 2026-03-23. The RSUs were settled at $0.00 per share (award/vesting). To satisfy tax withholding on the RSU settlement, 102,720 shares were withheld (disposed) at an indicated value of $2.62 per share, totaling $269,126. The reporting person received the net shares after withholding (200,000 granted minus 102,720 withheld = 97,280 net shares).
Key Details
- Transaction dates and prices: 2026-03-23 — Award/settlement: 200,000 RSUs @ $0.00 (acquired); Tax withholding: 102,720 shares @ $2.62 (disposed) for $269,126.
- Net shares received: 97,280 (200,000 granted less 102,720 withheld).
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes: F1 = RSUs settled into shares (1 RSU = 1 share). F2 = Shares withheld by issuer to satisfy tax withholding; reporting person received net shares.
- Filing timing: Report filed 2026-03-25 for transactions on 2026-03-23 (filed within the typical two-business-day Form 4 window).
Context
This was a compensation-related transaction (RSU vesting), not an open-market purchase or sale driven by trading. The withholding of shares to cover taxes is a common, administrative cashless method of satisfying tax obligations on vested equity and does not by itself indicate a buy or sell stance on the stock.
Insider Transaction Report
- Award
Common Stock, par value $0.001
[F1]2026-03-23+200,000→ 708,250 total - Tax Payment
Common Stock, par value $0.001
[F2]2026-03-23$2.62/sh−102,720$269,126→ 605,530 total
Footnotes (2)
- [F1]Represents the settlement of restricted stock units ("RSUs") into shares of common stock upon vesting. Each RSU represents a contingent right to receive one share of common stock.
- [F2]Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.The reporting person received the net number of shares after the issuer withheld shares to satisfy applicable tax withholding obligations.