SEC Form 4 · accession 0001193125-26-385836
Bullish · BLSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kokuei Yuan
Director · 10% Owner
Period of report
Sep 3, 2026
Accepted (ET)
Sep 9, 2026 · 6:04 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001872195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Sep 3, 2026 | A | 5,877 | $0.00 | A | 36,463,053 | D | |
| Ordinary SharesF2 | holding | — | — | — | 35,666 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 5,877 restricted share units ("RSUs") granted to the Reporting Person pursuant to the Bullish 2025 Omnibus Incentive Plan. The RSUs vest in full on September 1, 2027.
- F2The reported securities are held indirectly through EFM Global Alternatives Growth Feeder Fund (the "Fund"), which invests through two master funds (the "Master Funds") that hold the reported securities. The Reporting Person holds non-voting shares in the Fund, which provide him with a pecuniary interest in the reported securities. The Reporting Person disclaims any beneficial ownership of the Fund, the Master Funds, or of any investment manager of any such entities, except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that such securities are beneficially owned by him for Section 16 or any other purpose.
Remarks
Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Exchange Act, the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Exchange Act.