HYPDHyperion DeFi
Deals between HYPD and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-05-05 reports that the one filed 2025-07-24 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-07-24.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 1 paragraph of the proxy filed 2025-07-24 with nothing like them this year
Procedures for Approval of Related-Party Transactions“whether the terms of the transaction are fair to the Company and on the same basis as would apply if the transaction did not involve the related person; • whether there are business reasons for the Company to enter into the transaction; • the approximate dollar value of the transaction, and the significance of that amount, particularly as it relates to the related person; • whether the transaction would impair the independence of an outside director; • any pre-existing contractual obligations; and • whether the transaction would present an improper conflict of interest for any director or executive officer of the Company, taking into account the size of the transaction, the overall financial position of the director, executive officer, or the related person, the direct or indirect nature of the director’s, executive officer’s, or the related person’s interest in the transaction and the ongoing nature of any proposed relationship, and any other factors the Audit Committee deems relevant. Any member of the Audit Committee who is a related person with respect to a transaction under review will not be permitted to vote or participate in discussions regarding approval or ratification of the transaction, but must provide all material information regarding the transaction to the Audit Committee. Future transactions between us and our officers, directors, or 5% stockholders, and respective affiliates will be on terms that the committee determines in good faith to be in the best interests of the Company and its stockholders and will be approved by a majority of our directors who do not have an interest in the transactions and who had access, at our expense, to our legal counsel or independent legal counsel. To the best of our knowledge, since January 1, 2023, other than as set forth above, there were no material transactions, or series of similar transactions, or any currently proposed transactions, or series of similar transactions, to which we were or are to be a party, in which the amount involved exceeds $120,000, and in which any director or executive officer, or any security holder who is known by us to own of record or beneficially more than 5% of any class of our common stock, or any member of the immediate family of any of the foregoing persons, has an interest (other than compensation to our officers and directors in the ordinary course of business).”
Read it in last year's proxy ↗
New wording of the review policy 3 paragraphs without an amount or a name
Procedures for Approval of Related-Party Transactions“whether the terms of the transaction are fair to the Company and on the same basis as would apply if the transaction did not involve the related person;”
Read it in the proxy ↗
Procedures for Approval of Related-Party Transactions“whether there are business reasons for the Company to enter into the transaction;”
Read it in the proxy ↗
Procedures for Approval of Related-Party Transactions“the approximate dollar value of the transaction, and the significance of that amount, particularly as it relates to the related person;”
Read it in the proxy ↗
The whole section 4 paragraphs, proxy filed 2026-05-05
Procedures for Approval of Related-Party Transactions“The Audit Committee, pursuant to its written charter and our Related Party Transaction Policy, is responsible for reviewing and approving or ratifying any related-party transaction reaching a certain threshold of significance. In the course of its review and approval or ratification of a related-party transaction, the committee, among other things, considers, consistent with Item 404 of Regulation S-K, the following:”
Read it in the proxy ↗
Procedures for Approval of Related-Party Transactions“whether the terms of the transaction are fair to the Company and on the same basis as would apply if the transaction did not involve the related person;”
Read it in the proxy ↗
Procedures for Approval of Related-Party Transactions“whether there are business reasons for the Company to enter into the transaction;”
Read it in the proxy ↗
Procedures for Approval of Related-Party Transactions“the approximate dollar value of the transaction, and the significance of that amount, particularly as it relates to the related person;”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
Work on HYPD in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/HYPD/export.csv") into a cell.