Form 4 for CYPH CYPHERPUNK TECHNOLOGIES INC.
Accepted 2025-12-30 00:00:00 ET · period of report 2025-12-23 · accession 0001104659-25-125256 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-30 | 2025-12-26 | CYPH | Dietz Thomas John | Dir | F - Tax | $1.20 | -35.0K | 48.0K | -42% | -$42.0K |
| D | 2025-12-30 | 2025-12-26 | CYPH | Dietz Thomas John | Dir | M - OptEx | — | +83.0K | 83.0K | New | — |
| D | 2025-12-30 | 2025-12-26 | CYPH | Dietz Thomas John | Dir | M - OptEx | $0.00 | +83.0K | 0 | New | $0 |
| D | 2025-12-30 | 2025-12-23 | CYPH | Dietz Thomas John | Dir | A - Grant | $0.00 | +104.5K | 104.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-12-26 | F | D | 35,000 | $1.20 | 48,000 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-26 | M | A | 83,000 | — | 83,000 | D | — | — | (F2) Represents RSUs to be settled on a 1 for 1 basis for shares of Company Common Stock. The November 2025 RSUs were awarded pursuant to the Company's 2022 Equity Incentive Plan for no consideration. |
| 3 | Derivative | Restricted Stock Units | 2025-12-26 | M | A | 83,000 | $0.00 | 0 | D | $0.00 · — to — | 83,000 Common Stock | (F2) Represents RSUs to be settled on a 1 for 1 basis for shares of Company Common Stock. The November 2025 RSUs were awarded pursuant to the Company's 2022 Equity Incentive Plan for no consideration. (F3) The November 2025 RSUs vested at issuance on their grant date. On December 26, 2025, the Compensation Committee of the Board of Directors took action to permit the early settlement of the November 2025 RSUs on a net issue basis as further described in footnote (1) above. |
| 4 | Derivative | Restricted Stock Units | 2025-12-23 | A | A | 104,500 | $0.00 | 104,500 | D | $0.00 · — to — | 104,500 Common Stock | (F4) Represents RSUs to be settled on a 1 for 1 basis for shares of Company Common Stock. The RSUs (the "December 2025 RSUs") were awarded pursuant to the Company's 2025 Equity Incentive Plan for no consideration. (F5) The December 2025 RSUs vested at issuance on December 23, 2025 (the "Grant Date"). Subject to the terms of the December 2025 RSU award and applicable tax withholdings, the Company shall settle the December 2025 RSUs for Common Stock as soon as practicable following the earlier to occur of (i) the fifth (5th) business day after the date the reporting person ceases for any reason to be a member of the Company's Board of Directors or (ii) the date of the first annual meeting of stockholders of the Company that occurs following the Grant Date. |