secwatch.observer — SEC 8-K summary
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Issuer:     Twenty One Capital, Inc. (XXI)
CIK:        0002070457
Form:       8-K
Filed at:   2026-01-06T23:59:59+00:00
Accession:  0001213900-26-001442
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twenty One Capital amends CFO Meehan's option award; adds Bitcoin growth performance condition
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- New award covers 970,201 shares (up from 941,620) at $14.43/share exercise price.
- Time-based award (796,951 shares) vests 25% on April 1, 2026, rest quarterly through April 1, 2029.
- Performance-based award (173,250 shares) vests annually over 4 years subject to Bitcoin-per-share growth ≥15% and other conditions.
- Unvested options cancel if terminated for cause; change of control triggers full vesting if not assumed.
- The amendment supersedes the prior option award agreement dated December 8, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2070457/000121390026001442/0001213900-26-001442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2070457/000121390026001442/ea0271770-8k_twenty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-001442

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