Jeffrey Tuder, a director at Hyperliquid Strategies Inc (NASDAQ:PURR), filed a Form 4 on September 18, 2026, disclosing a change in beneficial ownership of common stock dated September 17, 2026.

Key Highlights

  • Reporting person: Jeffrey Tuder, identified as a director of Hyperliquid Strategies Inc.
  • Transaction code J: 231,692 shares of common stock were acquired (A) at a price of $0 on September 17, 2026.
  • Post-transaction direct ownership: Tuder directly holds 272,481 shares of common stock following the reported transaction.
  • Indirect holdings: An additional 8,188 shares are held indirectly through Tremson Capital Management, LLC, of which Tuder is managing member.
  • Source of acquisition: According to the filing, the shares represent a pro rata distribution from Rorschach Capital LLC, of which the reporting person is a non-managing member.
  • Disclaimer of ownership: The filing states Tuder "disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein" regarding the indirectly held shares.

Jeffrey Tuder's Beneficial Ownership Change at Hyperliquid Strategies

According to the Form 4 filed on September 18, 2026, Jeffrey Tuder reported a transaction dated September 17, 2026, involving common stock of Hyperliquid Strategies Inc (NASDAQ:PURR). The transaction was coded "J" and reflected the acquisition of 231,692 shares at a price of $0. The filing indicates this acquisition resulted from a pro rata distribution from Rorschach Capital LLC, an entity in which Tuder is described as a non-managing member.

Following the reported transaction, Tuder's direct beneficial ownership of common stock stands at 272,481 shares, according to the filing. Separately, the filing discloses 8,188 shares held indirectly through Tremson Capital Management, LLC. The filing states that Tuder is the managing member of Tremson and notes that he "disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein." No derivative securities transactions were reported in Table II of the filing.

The Form 4 was signed by Jason T. Simon, identified as Attorney-in-Fact, on September 18, 2026. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934, which requires officers, directors, and certain shareholders to report changes in ownership of company securities.

What Was Disclosed

The filing disclosed that director Jeffrey Tuder acquired 231,692 shares of Hyperliquid Strategies Inc common stock at $0 via a pro rata distribution, bringing his direct holdings to 272,481 shares, with an additional 8,188 shares held indirectly through Tremson Capital Management, LLC.