| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Alpha Compute Corp [ ALP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 04/29/2026 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Ordinary Shares | 04/29/2026 | A | 4,944(1)(2) | A | $0 | 4,944 | D | |||
| Ordinary Shares | 09/11/2026 | P | 3,657 | A | $3.52(3) | 3,657(4) | I | By: Red Sharks Ventures(4) | ||
| Ordinary Shares | 09/14/2026 | P | 9,000 | A | $4.29 | 12,657(4) | I | By: Red Sharks Ventures(4) | ||
| Ordinary Shares | 09/14/2026 | S | 393 | D | $4.15 | 12,264(4) | I | By: Red Sharks Ventures(4) | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Share Options (right to buy) | $1.3 | 05/14/2026 | A | 10,906(1)(5) | (5) | 05/14/2036 | Ordinary Shares | 10,906(5) | $0 | 10,906(5) | D | ||||
| Explanation of Responses: |
| 1. Effective September 9, 2026,the Issuer effected a 1-for-50 reverse share split of the Issuer's outstanding ordinary shares. The number of shares reported herein have been adjusted to reflect the reverse share split. |
| 2. On April 29, 2026 (the "Grant Date"), the Reporting Person was granted 247,185 restricted share units ("RSUs") (4,944 RSUs on a post-split basis) pursuant to a Restricted Share Unit Award and Dividend Equivalent Rights Agreement between the Reporting Person and the Issuer. Each RSU represented a right to receive one share of the Company. The RSUs fully vested on the Grant Date. |
| 3. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.47 to $3.94, inclusive. |
| 4. This number represents ordinary shares held by Red Sharks Ventures Inc., of which the Reporting Person is the sole owner. |
| 5. On May 14, 2026, the Reporting Person was granted options to purchase 545,315 ordinary shares (10,906 ordinary shares on a post-split basis), all of which have fully vested and are currently exercisable. |
| Remarks: |
| Yury Mitin is the Chief Business Development Officer of the Issuer. |
| /s/ Yury Mitin | 10/05/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||