Form 4 Filing for Li William

This filing details the settlement of Restricted Stock Units (RSUs) for Li William, a director at CYPHERPUNK TECHNOLOGIES INC. On March 13, 2026, 74,700 RSUs granted in November 2025 and 94,050 RSUs granted in December 2025 were settled on a 1-for-1 basis for shares of the Company's common stock. These RSUs were granted under the Company's equity incentive plans for no monetary consideration and vested upon issuance. Following the settlement, Li William acquired a total of 168,750 shares of common stock.