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

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: NBY
Reported as of: 31 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Apr 2026, 21:44:59 UTC
Prior SEC filing: 19 May 2026
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael Kazley

Key filing fact

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

Key facts

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.
Accepted by SEC: 02 Apr 2026, 21:44.

Change

Previous filing in this sequence was filed on 19 May 2026.
Current net transaction value: $0.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002091727 Primary reporting owner

Kazley Michael John

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

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NBY transaction Derivative

Restricted Stock Units (Time-Based)

Award

Transaction value
Shares: +4,118,828
Change %
Price: $0.000000^*
Shares after: 4,118,828
Date: 31 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,118,828
Exercise price
Footnotes: F1

NBY transaction Derivative

Restricted Stock Units (Performance-Based)

Award

Transaction value
Shares: +7,722,802
Change %
Price: $0.000000^*
Shares after: 7,722,802
Date: 31 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,722,802
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.