Michael John Kazley - 31 Mar 2026 Form 4 Insider Report for Stablecoin Development Corp (NBY)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Michael Kazley
Issuer symbol: NBY
Transactions as of: 31 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 02 Apr 2026, 21:44:59 UTC
Previous filing: 20 Oct 2025
SEC: View on sec.gov

Quoteable Key Fact

"Michael John Kazley filed Form 4 for Stablecoin Development Corp (NBY) on 02 Apr 2026."

Quick Takeaways

This page summarizes Michael John Kazley's Form 4 filing for Stablecoin Development Corp (NBY).
2 reported transactions and 2 derivative rows are listed below.
Filing timestamp: 02 Apr 2026, 21:44.

What Changed

Previous filing in this sequence was filed on 20 Oct 2025.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kazley Michael John	Chief Executive Officer, Director, 10%+ Owner	1111 LINCOLN ROAD, SUITE 500, MIAMI BEACH	/s/ Michael Kazley	02 Apr 2026	0002091727

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	NBY	Restricted Stock Units (Time-Based)	Award		+4,118,828		$0.000000^*	4,118,828	31 Mar 2026	Common Stock	4,118,828		Direct	F1
transaction	NBY	Restricted Stock Units (Performance-Based)	Award		+7,722,802		$0.000000^*	7,722,802	31 Mar 2026	Common Stock	7,722,802		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 31, 2026, the Reporting Person was granted 4,118,828 time-based restricted stock units ("Time-Based RSUs"). 100% of the Time-Based RSUs will vest on February 16, 2027, generally subject to the Reporting Person's continued employment with the Issuer through such vesting date.
F2	On March 31, 2026, the Reporting Person was granted 7,722,802 performance-based restricted stock units ("VWAP RSUs") that will be earned based on the achievement of specified stock price hurdles over a five-year performance period. On March 31, 2026, the Reporting Person was also granted 7,722,801 performance-based restricted stock units (together with the VWAP RSUs, the "Performance-Based RSUs") that will be earned based on the achievement of specified digital asset net asset value hurdles over a five-year performance period. To the extent earned, the Performance-Based RSUs will vest in quarterly installments over two years following achievement of the applicable hurdle, subject to a thirteen-month cliff from January 16, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Content

On March 31, 2026, the Reporting Person was granted 4,118,828 time-based restricted stock units ("Time-Based RSUs"). 100% of the Time-Based RSUs will vest on February 16, 2027, generally subject to the Reporting Person's continued employment with the Issuer through such vesting date.

On March 31, 2026, the Reporting Person was granted 7,722,802 performance-based restricted stock units ("VWAP RSUs") that will be earned based on the achievement of specified stock price hurdles over a five-year performance period. On March 31, 2026, the Reporting Person was also granted 7,722,801 performance-based restricted stock units (together with the VWAP RSUs, the "Performance-Based RSUs") that will be earned based on the achievement of specified digital asset net asset value hurdles over a five-year performance period. To the extent earned, the Performance-Based RSUs will vest in quarterly installments over two years following achievement of the applicable hurdle, subject to a thirteen-month cliff from January 16, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.