Stablecoin Development (SDEV) director Freiman acquired 6,177 shares

Insider transactions reported

Paul E. Freiman (director at Stablecoin Development Corporation, SDEV) reported that they acquired 6,177 shares between Jun 9, 2024 and Oct 16, 2026. After these transactions the filing shows 6,188 shares held directly.

Reporting person

Freiman Paul E.

Options and other derivatives

Holdings before and after

• Common Stock, par value $0.01 per share: 11 to 6,188 direct
• Restricted Stock Units: 177 to 140,000 direct

Other positions listed

• Common Stock, par value $0.01 per share: 1 indirect, By Trust

Footnotes from the filing

1. 1. All share and RSU amounts reported in this Form 4 have been adjusted to give effect to the Issuer's 1-for-5 reverse stock split effective February 20, 2026 (the 2026 Reverse Split ). On a pre-2026 Reverse Split basis, (i) the RSUs granted on October 16, 2025, and the shares of common stock issued upon settlement of such RSUs on October 16, 2026, each covered 30,000 RSUs or shares, as applicable, which equals 6,000 RSUs or shares on a post-2026 Reverse Split basis; (ii) the RSUs settled on May 28, 2025, and the shares of common stock issued upon such settlement, each covered 858 RSUs or shares, as applicable, which equals 172 RSUs or shares on a post-2026 Reverse Split basis; and (iii) the RSUs settled on June 9, 2024, and the shares of common stock issued upon such settlement, each covered 25 RSUs or shares, as applicable, which equals 5 RSUs or shares on a post-2026 Reverse Split basis.
2. 2. The RSUs granted on May 28, 2024 were reported on the Reporting Person's Form 4 filed on May 30, 2024 as 30,000 RSUs, an amount that did not give effect to the Issuer's 1-for-35 reverse stock split effective May 30, 2024 (the 2024 Reverse Split ). After giving effect to each of the 2024 Reverse Split and the 2026 Reverse Split, such 30,000 RSUs equal 172 RSUs. The RSUs granted on June 9, 2023 were reported on the Reporting Person's Form 4 filed on June 13, 2023 as 858 RSUs; after giving effect to each of the 2024 Reverse Split and the 2026 Reverse Split, such 858 RSUs equal 5 RSUs. Fractional shares and RSUs resulting from the 2024 Reverse Split and the 2026 Reverse Split were rounded up to the nearest whole share or RSU, as applicable.
3. 3. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs granted on June 9, 2023 vested in full on June 9, 2024, the first anniversary of the grant date. The RSUs granted on May 28, 2024 vested in full on May 28, 2025, the first anniversary of the grant date, and the RSUs granted on October 16, 2025 vested in full on October 16, 2026, the first anniversary of the grant date, in each case subject to the Reporting Person's continued service through the applicable vesting date. The RSUs have no expiration date.
4. 4. The Reporting Person's Form 4 reporting the RSUs granted on March 31, 2026, filed on April 21, 2026, did not include (i) the 6,000 RSUs (on a post-2026 Reverse Split basis) granted on October 16, 2025, which were then held by the Reporting Person and unvested, or (ii) the shares of common stock held directly or indirectly by the Reporting Person, including shares acquired upon settlement of RSUs on May 21, 2022, May 11, 2023, June 9, 2024 and May 28, 2025. The holdings reported in this Form 4 correct the holdings previously reported. The 140,000 RSUs granted on March 31, 2026, as reported on such prior Form 4, are not affected by the transactions reported herein and continue to be held by the Reporting Person. The Reporting Person currently beneficially owns 140,000 RSUs.
5. 5. The share is held by the Paul Freiman and Anna Mazzuchi Freiman Trust u/a dated 5/24/95, of which the Reporting Person and his spouse are co-trustees. The Reporting Person shares voting and investment power over such share.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

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