American Bitcoin Corp. (ABTC) director receives 254,778 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Bitcoin Corp. director Mateen Justin exercised restricted stock units into common shares as part of equity compensation. On the vesting date tied to the 2026 Annual General Meeting, 254,778 RSUs converted into an equal number of Class A Common Stock shares at a stated price of $0.00 per share. After this non-cash derivative exercise, Justin directly holds 2,779,753 Class A shares. The RSUs represented a contingent right to receive either stock or cash at the company’s discretion, and this filing shows they fully settled into shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
254,778 shares exercised/converted
Mixed
2 txns
Insider
Mateen Justin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 254,778 | $0.00 | -- |
| Exercise | Class A Common Stock | 254,778 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 2,779,753 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Issuer Class A common stock on a one-for-one basis. Each RSU represents a contingent right to receive one share of Issuer Class A common stock. The RSUs settled in either Class A common stock or cash (or a combination thereof) at the discretion of the Issuer. These RSUs vested on the date of the 2026 Annual General Meeting of the Stockholders of the Issuer.
Key Figures
RSUs exercised: 254,778 shares
Exercise price: $0.00 per share
Shares after transaction: 2,779,753 shares
+1 more
4 metrics
RSUs exercised
254,778 shares
RSUs converted into Class A Common Stock on 2026 Annual Meeting date
Exercise price
$0.00 per share
Stated transaction price for RSU conversion
Shares after transaction
2,779,753 shares
Director’s direct Class A Common Stock holdings following RSU exercise
Exercise transactions
1 derivative exercise, 254,778 shares
Aggregate exercise activity in filing
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, Annual General Meeting
4 terms
Restricted Stock Units financial
"Reflects restricted stock units ("RSUs") that upon vesting converted into shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"converted into shares of Issuer Class A common stock on a one-for-one basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share"
Annual General Meeting financial
"These RSUs vested on the date of the 2026 Annual General Meeting"
FAQ
What insider transaction did American Bitcoin Corp. (ABTC) report for Mateen Justin?
American Bitcoin Corp. reported that director Mateen Justin exercised 254,778 restricted stock units, converting them into the same number of Class A Common Stock shares. This was a non-cash derivative exercise related to equity compensation, not an open-market stock purchase or sale.
What are the director’s holdings after this American Bitcoin Corp. Form 4 transaction?
Following the RSU exercise, Mateen Justin directly holds 2,779,753 shares of American Bitcoin Corp. Class A Common Stock. This figure reflects his updated ownership position after the 254,778 restricted stock units fully converted into shares on the vesting date.
How were the American Bitcoin Corp. RSUs structured for Mateen Justin?
Each restricted stock unit represented a contingent right to receive one share of American Bitcoin Corp. Class A Common Stock. Upon vesting, the RSUs could settle in stock, cash, or a combination, at the issuer’s discretion, and in this case were settled entirely in shares.
When did Mateen Justin’s American Bitcoin Corp. RSUs vest?
The restricted stock units vested on the date of American Bitcoin Corp.’s 2026 Annual General Meeting of Stockholders. On that vesting date, 254,778 RSUs converted into an equal number of Class A Common Stock shares, updating the director’s direct share ownership.