A Form 4 filed on September 18, 2026 discloses that David Ira Schamis, CEO and Director of Hyperliquid Strategies Inc (NASDAQ:PURR), acquired 416,013 shares of common stock on September 17, 2026 through a pro rata distribution from Rorschach Capital LLC.

Key Highlights

  • Reporting person: David Ira Schamis, CEO and Director of Hyperliquid Strategies Inc
  • Transaction date: September 17, 2026
  • Transaction code: J (other acquisition), with 416,013 shares of common stock acquired at a price of $0
  • Source of shares: Pro rata distribution from Rorschach Capital LLC, of which Schamis is a non-managing member
  • Resulting ownership: 552,322 shares of common stock held directly following the transaction
  • Filing signed by: Jason T. Simon, Attorney-in-Fact, on September 18, 2026

Schamis Receives Shares Through Rorschach Capital Distribution

According to the filing, David Ira Schamis, who serves as both CEO and Director of Hyperliquid Strategies Inc, received 416,013 shares of common stock on September 17, 2026, coded as a transaction type "J" in Table I of the Form 4. The filing indicates the shares were acquired at a price of $0. The transaction is described in the filing's footnote as a "pro rata distribution from Rorschach Capital LLC, of which the reporting person is a non-managing member."

Following this transaction, the filing reports that Schamis directly holds 552,322 shares of Hyperliquid Strategies Inc common stock. No derivative securities were reported in Table II of the filing. The form was filed by one reporting person and was not identified as an amendment to a prior filing. The address listed for the reporting person is c/o Hyperliquid Strategies Inc, 477 Madison Avenue, 22nd Floor, New York, New York 10022.

The Form 4 was signed by Jason T. Simon as Attorney-in-Fact on September 18, 2026, the same date it was filed with the Securities and Exchange Commission pursuant to Section 16(a) of the Securities Exchange Act of 1934.

What Was Disclosed

The filing discloses a non-open-market acquisition of 416,013 shares of Hyperliquid Strategies Inc common stock by CEO and Director David Ira Schamis, resulting from a pro rata distribution from Rorschach Capital LLC, bringing his direct beneficial ownership to 552,322 shares.