Birchtech Corp (BCHT) CTO Exercises 300,000 Stock Options Cashlessly

Rhea-AI Filing Summary

Birchtech Corp. reported an insider stock transaction by Senior VP and Chief Tech Officer John Pavlish. On 12/11/2025, he exercised a stock option to buy 300,000 shares of common stock at $0.58 per share through a cashless exercise.

To cover the cost, 190,560 shares were withheld by the company at a volume-weighted average price of $0.9131 per share, resulting in 109,440 shares of common stock being issued to him on a net basis. Following these transactions, he directly beneficially owned 2,198,528 shares of Birchtech common stock.

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Pavlish John

(Last) (First) (Middle)

2517 KINCAID PL

(Street)

THE VILLAGES FL 32163

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Birchtech Corp. [ BCHT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP/Chief Tech Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Common Stock	12/11/2025		M		300,000(1)	A	$0.58	2,389,088	D
Common Stock	12/11/2025		F		190,560(1)	D	$0.9131	2,198,528	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Stock Option (Right to Buy)	$0.58	12/11/2025		M			300,000	12/14/2020	12/14/2025	Common Stock	500,000	$0	200,000	D

Explanation of Responses:

1. Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option covering 300,000 shares (from an option to purchase up to 500,000 shares), pursuant to which 190,560 shares were withheld by the Issuer with a VWAP of $0.9131 per share to pay the exercise price of $0.58 per share, resulting in 109,440 shares of common stock being issued to the Reporting Person on a net basis.

	/s/ John Pavlish	12/15/2025
	** 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.

FAQ

What insider transaction did Birchtech Corp (BCHT) executive John Pavlish report?

Senior VP and Chief Tech Officer John Pavlish reported a cashless exercise of a stock option covering 300,000 shares of Birchtech common stock at an exercise price of $0.58 per share.

When did the reported Birchtech (BCHT) stock option exercise take place?

The stock option exercise by John Pavlish took place on 12/11/2025, as shown in both the transaction tables and the explanation of responses.

How many Birchtech (BCHT) shares did John Pavlish receive net from the cashless exercise?

After shares were withheld to cover the exercise price, 109,440 shares of Birchtech common stock were issued to John Pavlish on a net basis.

What prices were used in John Pavlish’s Birchtech stock option exercise?

The option had an exercise price of $0.58 per share, and 190,560 shares were withheld by the issuer using a volume-weighted average price of $0.9131 per share.

How many Birchtech (BCHT) shares does John Pavlish own after the reported transactions?

Following the reported transactions, John Pavlish directly beneficially owned 2,198,528 shares of Birchtech common stock.

What stock option did John Pavlish exercise at Birchtech (BCHT)?

He exercised an option originally covering up to 500,000 shares of Birchtech common stock, exercising 300,000 shares on 12/11/2025 through a cashless transaction.