American Bitcoin director buys 306,981 shares
American Bitcoin Corp. director Justin Mateen reported open-market purchases of the company’s Class A Common Stock on two consecutive days.
Rhea-AI Filing Summary
American Bitcoin Corp. director Justin Mateen reported open-market purchases of the company’s Class A Common Stock on two consecutive days. He bought 162,438 shares at $6.1873 per share on August 6, 2026 and 144,543 shares at $6.3964 per share on August 5, 2026, totaling 306,981 shares.
The reported prices are each a weighted average price, and detailed per-trade prices are available on request. The share amounts reflect a 1-for-15 reverse stock split that took effect on July 2, 2026. The transactions are not reported as being under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2 | 162,438 | $6.1873 | $1.01M |
| Purchase | Class A Common Stock F1, F2 | 144,543 | $6.3964 | $925K |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F2. On July 2, 2026, the Issuer effected a 1-for-15 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
Key Figures
Key Terms
weighted average price financial
Reverse Stock Split financial
Class A Common Stock financial
Rule 10b5-1 trading plan regulatory
FAQ
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What insider transactions did ABTC director Justin Mateen report?
How did ABTC’s July 2, 2026 reverse stock split affect the reported transactions?
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