Thomas John Dietz - 23 Dec 2025 Form 4 Insider Report for CYPHERPUNK TECHNOLOGIES INC. (LPTX)

Role
Director
Signature
/s/ Douglas E. Onsi as attorney-in-fact for the reporting person
Issuer symbol
LPTX
Transactions as of
23 Dec 2025
Net transactions value
-$42,000
Form type
4
Filing time
30 Dec 2025, 16:33:19 UTC
Previous filing
13 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dietz Thomas John Director C/O CYPHERPUNK TECHNOLOGIES INC., 47 THORNDIKE STREET SUITE B1-1, CAMBRIDGE /s/ Douglas E. Onsi as attorney-in-fact for the reporting person 29 Dec 2025 0001574218

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYPH Common Stock Options Exercise +83,000 83,000 26 Dec 2025 Direct F1, F2
transaction CYPH Common Stock Tax liability $42,000 -35,000 -42% $1.20 48,000 26 Dec 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CYPH Restricted Stock Units Options Exercise $0 +83,000 $0.000000 0 26 Dec 2025 Common Stock 83,000 $0.000000 Direct F1, F2, F3
transaction CYPH Restricted Stock Units Award $0 +104,500 $0.000000 104,500 23 Dec 2025 Common Stock 104,500 $0.000000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 83,000 Restricted Stock Units ("RSUs") previously granted by Cypherpunk Technologies Inc. (the "Company") to the reporting person on November 11, 2025 (the "November 2025 RSUs") were settled on December 26, 2025 on a net issue basis such that, of the 83,000 shares of the Company's common stock, par value $0.001 per share ("Common Stock") underlying the November 2025 RSUs, the Company issued to the reporting person on such settlement date only 48,000 of such shares, and the Company withheld on such settlement date the remaining 35,000 of such shares in order to satisfy tax withholding obligations in connection with the settlement of the November 2025 RSUs. None of such 35,000 shares of Common Stock so withheld by the Company constituted sales of such shares by the reporting person.
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.
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.