A Form 4 filed with the SEC on September 18, 2026 discloses that Robert E. Diamond Jr., a director of Hyperliquid Strategies Inc (NASDAQ:PURR), acquired 832,750 shares of common stock on September 17, 2026 through a pro rata distribution from Rorschach Capital LLC.

Key Highlights

  • Reporting person: Robert E. Diamond Jr., listed as a director of Hyperliquid Strategies Inc.
  • Transaction date: September 17, 2026, with the form filed September 18, 2026.
  • Shares acquired: 832,750 shares of common stock, coded as transaction type "J," acquired at a price of $0.
  • Post-transaction ownership: Diamond beneficially owns 1,510,339 shares of common stock directly following the transaction.
  • Source of shares: The acquisition was a pro rata distribution from Rorschach Capital LLC, of which the reporting person is described as a non-managing member.
  • No derivative securities: Table II of the filing reflects no derivative securities transactions or holdings.

Details of Diamond's Share Acquisition at Hyperliquid Strategies

According to the filing, Robert E. Diamond Jr. received 832,750 shares of Hyperliquid Strategies Inc common stock on September 17, 2026. The transaction is coded "J" in the filing, which corresponds to other acquisition types not covered by standard purchase or gift codes. The stated price per share is $0, and the filing's footnote explains that the shares represent a pro rata distribution from Rorschach Capital LLC, an entity in which Diamond holds a non-managing membership interest.

Following this transaction, the filing reports Diamond's direct beneficial ownership at 1,510,339 shares of common stock. The form was signed by Jason T. Simon as attorney-in-fact for the reporting person and submitted on September 18, 2026. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934, which governs reporting obligations for directors, officers, and significant shareholders.

No amendments to a prior filing are indicated, and no derivative securities appear in Table II of the form. Diamond's address of record is listed as c/o Hyperliquid Strategies Inc, 477 Madison Avenue, 22nd Floor, New York, New York 10022.

What Was Disclosed

The filing discloses that director Robert E. Diamond Jr. acquired 832,750 shares of Hyperliquid Strategies Inc common stock on September 17, 2026, at $0 per share via a pro rata distribution from Rorschach Capital LLC, bringing his direct beneficial ownership to 1,510,339 shares.