{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-125224","form_type":"8-K","ticker":"CYPH","cik":"0001509745","company_name":"CYPHERPUNK TECHNOLOGIES INC.","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.590813+00:00","generated_at":"2026-05-16T11:59:00.434286+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cypherpunk grants 5.45M RSUs to consultant CoinXit; cancels prior award","bullets":["Granted 5,448,157 RSUs under 2025 Equity Incentive Plan; cancels prior 2,411,700 RSUs under 2022 Plan.","RSUs vest 12/36 on Oct 8, 2026, then 1/36 monthly, subject to continuous service.","Grant satisfies all remaining RSU obligations under November 2025 Consulting Agreement with CoinXit.","CoinXit's sole director Khing Oei serves as Chairman of the Board and is a Winklevoss Treasury designee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-125224","json":"https://secwatch.observer/filing/0001104659-25-125224.json","markdown":"https://secwatch.observer/filing/0001104659-25-125224.md","text":"https://secwatch.observer/filing/0001104659-25-125224.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1509745/000110465925125224/0001104659-25-125224-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1509745/000110465925125224/tm2534480d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:59:00.434286+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f51ca8ccb9f57c3a77d7ae7f1331951883c3fa21","claim":"CYPHERPUNK TECHNOLOGIES INC. terminated November 2025 CoinXit RSUs Agreement with CoinXit Ltd. valued at Termination and cancellation of 2,411,700 RSUs (effective 2025-12-23).","evidence_excerpt":"Pursuant to the December 2025 CoinXit RSUs Agreement, the Company and CoinXit also agreed (i) to terminate and cancel the November 2025 CoinXit RSUs issued pursuant to the November 2025 CoinXit RSUs Agreement, and (ii) to treat the grant by the Company to CoinXit of the December 2025 CoinXit RSUs as satisfying in full all of the Company’s obligations under the Consulting Agreement to grant CoinXit 5,448,157 RSUs under the Company’s equity incentive plans.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1509745/000110465925125224/0001104659-25-125224-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"CoinXit Ltd."},{"label":"Value","value":"Termination and cancellation of 2,411,700 RSUs"},{"label":"Effective","value":"2025-12-23"}],"fact_type":"material_agreement"},{"claim_id":"f5900aa6fb2c9f0077ab0546f439ca91ddafdb6e","claim":"CYPHERPUNK TECHNOLOGIES INC. entered into December 2025 CoinXit RSUs Agreement with CoinXit Ltd. valued at Grant of 5,448,157 RSUs (effective 2025-12-23).","evidence_excerpt":"On December 23, 2025, the Compensation Committee of the Board approved the grant under the Company’s 2025 Equity Incentive Plan (the “2025 Plan”) of 5,448,157 RSUs to CoinXit (the “December 2025 CoinXit RSUs”), pursuant to a Restricted Stock Unit Grant Agreement, dated December 23, 2025 (the “December 2025 CoinXit RSUs Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1509745/000110465925125224/0001104659-25-125224-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"CoinXit Ltd."},{"label":"Value","value":"Grant of 5,448,157 RSUs"},{"label":"Effective","value":"2025-12-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}