Deep Fission Director Blake Janover Awarded 18,962 Restricted Stock Units in July 2026 Equity Grant

Details of Director Equity Compensation Grant

Blake Janover, a director at Deep Fission, Inc., was awarded 18,962 restricted stock units as part of his compensation. The transaction took place on July 23, 2026, with the disclosure filed on July 27, 2026. This form of equity compensation is commonly used by public companies to align directors’ interests with long-term shareholder value and to retain experienced board members.

The restricted stock units were granted with an exercise price of zero dollars, meaning Janover did not pay any cash consideration. This approach is standard in director compensation packages, serving as both an incentive and retention tool. At grant, these units do not represent actual ownership but conditional rights that convert to shares once vesting conditions are met.

Vesting Conditions and Service Obligations

Each restricted stock unit entitles Janover to receive one share of Deep Fission’s common stock upon vesting, scheduled for July 20, 2027. Vesting is contingent upon Janover’s continued service to the company through that date, providing motivation for ongoing board engagement and participation in strategic oversight.

The one-year vesting term is typical for director equity awards in publicly traded companies, ensuring directors maintain commitment throughout the vesting period. Should Janover cease service before July 20, 2027, any unvested units would likely be forfeited in accordance with the award agreement and company policies.

Post-Grant Beneficial Ownership

Following the July 23, 2026 grant, Janover’s beneficial ownership of Deep Fission common stock totals 18,962 shares on a contingent basis, as the units have not yet vested into actual shares. The filing confirms these interests are held directly by Janover, not through indirect entities such as trusts or corporations.

This beneficial ownership figure is significant for investors monitoring director holdings and potential conflicts of interest. Holding nearly 19,000 contingent shares aligns Janover’s financial interests with company performance, a factor generally viewed positively by institutional investors.

Regulatory Compliance and Disclosure

The filing was submitted by Jon Gordon as attorney-in-fact for Blake Janover and signed on July 27, 2026. It complies with Section 16(a) of the Securities Exchange Act of 1934, which requires directors, officers, and significant beneficial owners to report changes in equity ownership. This transparency aids investors in evaluating insider transactions and ownership stakes.

Such disclosures provide detailed information including transaction dates, security types, share quantities, vesting terms, and ownership percentages, offering comprehensive insight into the equity compensation arrangement.

Industry Trends in Director Equity Compensation

The restricted stock unit grant to Janover reflects prevailing trends in director compensation, especially within technology and growth sectors. Many public companies favor RSUs over cash or stock options to better align director incentives with shareholder outcomes while conserving cash and maintaining balance sheet flexibility.

RSUs are increasingly preferred over stock options due to their predictable value and elimination of downside risk from stock price declines. Deep Fission’s use of RSUs demonstrates adherence to modern corporate governance standards and helps attract qualified directors despite potential liability concerns.

Director Role and Governance Implications

As a Deep Fission director, Blake Janover participates in board governance and decision-making, often serving on committees related to audit, compensation, and governance. His equity award places him financially at risk alongside shareholders, reinforcing alignment with company performance.

The nearly 19,000 RSUs granted indicate the board compensation committee’s assessment that this level of equity incentive is appropriate to reward director service and encourage long-term involvement. Investors may consult the company’s proxy statements for further context on director compensation philosophy and peer comparisons.

Market Timing and Shareholder Impact

This July 2026 grant is part of Deep Fission’s routine director compensation program, typically conducted annually or periodically based on board policies. The timing aligns with standard compensation cycles for public companies.

Investors should recognize that director equity awards enhance alignment between insiders and shareholders, a positive governance indicator. However, monitoring the cumulative dilutive effect of all equity awards—including those to executives and employees—is important to assess impacts on share count and earnings per share.

Future Vesting and Share Issuance Process

Provided Janover remains a director through July 20, 2027, the 18,962 restricted stock units will convert automatically into common shares, increasing his direct ownership stake. A subsequent Form 4 filing will disclose the vesting event and updated beneficial ownership.

This conversion requires no cash payment or option exercise, reflecting the straightforward nature of RSU awards. Investors can expect updated disclosures post-vesting, offering transparency into Janover’s shareholding after the equity award matures.