12/29/2025 | Press release | Distributed by Public on 12/29/2025 15:11
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units (RSUs)(3) | (1) | 12/23/2025 | M | 250,000 | (1) | (1) | Shares of Common Stock | 250,000 | (1) | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Lin Mingxing 1211 E 4TH ST. AUSTIN, TX 78702 |
X | Chief Strategy Officer | ||
| /s/ Michael Holland, as Attorney-in-Fact | 12/29/2025 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | This transaction represents the net settlement of restricted stock units ("RSUs") in shares of Common Stock on their scheduled vesting date. The RSUs were granted on December 23, 2024 and fully vested on December 23, 2025. Each RSU represents the right to receive, at settlement, one share of Common Stock. |
| (2) | The number of securities shown as beneficially owned following the reported transaction reflects (i) 131,800 shares of Common Stock previously reported as beneficially owned by the reporting person on the Form 3 filed on January 2, 2025, plus (ii) 250,000 shares of Common Stock issued upon vesting and net share settlement of the RSUs reported herein. |
| (3) | The RSUs were granted pursuant to the 2021 Equity Incentive Plan (as amended and restated on April 22, 2024). |