Form 4 for HSDT Solana Co
Accepted 2026-05-13 19:56:05 ET · period of report 2025-09-18 · accession 0002086036-26-000002 · 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 | 2026-05-13 19:56 | 2026-05-11 | HSDT | Chee Choon Wee | Executive COB, Dir, 10% | M - OptEx | $0.00 | +1.11M | 1.11M | New | $0 |
| DI | 2026-05-13 19:56 | 2025-09-18 | HSDT | Chee Choon Wee | Executive COB, Dir, 10% | A - Grant | $0.00 | +2.22M | 2.22M | New | $0 |
| D | 2026-05-13 19:56 | 2026-05-11 | HSDT | Chee Choon Wee | Executive COB, Dir, 10% | M - OptEx | $0.00 | -1.11M | 0 | -100% | $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 | Class A Common Stock | 2026-05-11 | M | A | 1,109,118 | $0.00 | 1,109,118 | D | — | — | (F1) Shares of Class A Common Stock acquired upon the vesting of the restricted stock unit award (the "RSUs"). |
| 2 | Derivative | Strategic Advisory Warrants | 2025-09-18 | A | A | 2,218,236 | $0.00 | 2,218,236 | I By Summer Wisdom Holdings Limited | $0.001 · — to 2030-09-17 | 2,218,236 Class A Common Stock | (F4) Immediately exercisable. (F3) Summer Wisdom Holdings Limited ("Summer Wisdom") holds all of the ordinary shares of Fusion Summer and Fusion Summer holds shares of the Issuer's Class A Common Stock. The Reporting Person is the controlling shareholder of Summer Wisdom and, as such, has the power to vote and dispose of the shares held by Fusion Summer. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. |
| 3 | Derivative | Restricted Stock Unit Award | 2026-05-11 | M | D | 1,109,118 | $0.00 | 0 | D | — · — to — | 1,109,118 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock. (F6) On September 18, 2025, the Reporting Person was granted 1,109,118 RSUs under the Issuer's 2022 Equity Incentive Plan (the "Plan"). On October 30, 2025, the RSUs fully vested following the shareholder approval of a share reserve increase to the Issuer's Plan. On May 11, 2026, each RSU settled into one share of the Issuer's Class A Common Stock. (F6) On September 18, 2025, the Reporting Person was granted 1,109,118 RSUs under the Issuer's 2022 Equity Incentive Plan (the "Plan"). On October 30, 2025, the RSUs fully vested following the shareholder approval of a share reserve increase to the Issuer's Plan. On May 11, 2026, each RSU settled into one share of the Issuer's Class A Common Stock. |