Welcome to our dedicated page for Bakkt SEC filings (Ticker: BKKT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Bakkt Holdings, Inc. (NYSE: BKKT) SEC filings page provides direct access to the company’s regulatory disclosures, along with AI-powered tools to help interpret them. Bakkt is a digital asset infrastructure company founded in 2018 and headquartered in New York, New York, with a focus on Bitcoin, tokenization, stablecoin payments, and AI-driven finance. Its filings with the U.S. Securities and Exchange Commission offer detailed insight into how it structures its business, manages risk, and executes its transformation strategy.
Through its periodic and current reports, investors can review Bakkt’s financial results, segment framing, and commentary on its transition to a pure-play digital asset infrastructure platform. Form 10-Q and 10-K filings describe revenue drivers tied to crypto market activity, operating expenses, and the impact of its digital asset and treasury strategies, while also outlining extensive risk factors related to digital assets, stablecoins, and regulatory developments.
Bakkt’s Form 8-K filings highlight material events such as the completion of its capital structure simplification, the holding company reorganization that created a new Bakkt Holdings, Inc. as successor registrant, and its agreement to acquire Distributed Technologies Research Ltd. Additional 8-Ks detail board and executive changes, earnings call materials, and selective strategic investments, including warrant subscriptions in international counterparties.
On this page, users can also monitor specialized filings, such as Form 12b-25 notifications regarding filing timing and Form 15 filings related to the deregistration of the predecessor entity in connection with the reorganization. AI-powered summaries help explain complex sections of lengthy documents, highlight key changes across reporting periods, and surface information on topics like capital structure, digital asset holdings, and governance. For those researching insider activity and equity-linked instruments, access to filings covering warrants and registration rights agreements provides additional context around Bakkt’s equity and financing arrangements.
Bakkt Holdings (BKKT) reported an insider equity award by its Chief Operating Officer. On October 31, 2025, the officer reported receiving stock options for 53,691 shares of Class A Common Stock at an exercise price of $10 per share, contingent on shareholder approval obtained the same day. The options vest in eight quarterly tranches, with a required quarterly “committed” exercise and a one-year window for optional portions; early exercises are subject to a lock-up until the originally scheduled date.
Following the transaction, the officer beneficially owned 105,472 shares, which includes 96,143 RSUs that remain subject to vesting.
Bakkt Holdings (BKKT): Form 4 insider update. Chief Financial Officer Karen Alexander reported an equity award effective 10/31/2025. She acquired stock options covering 26,846 shares of Class A common stock at an exercise price of $10 per share and now holds 69,285 Class A shares directly.
The holding includes 50,229 shares subject to RSUs and performance stock units that remain subject to vesting. The options were granted on 07/29/2025, contingent on shareholder approval obtained on 10/31/2025, and are structured in eight quarterly tranches with a required “Committed Options” exercise each quarter, optional portions open for one year, and a lock-up for any early exercises until the originally scheduled date.
Bakkt Holdings (BKKT) reported insider activity by its CEO and President. On 11/03/2025, he acquired 69,733 shares of Class A common stock at $39.34, tied to a reorganization and contribution structure using the NYSE “Minimum Price.” Following this, he beneficially owned 261,159 shares.
The filing lists 11,426 RSUs included in that total, scheduled to vest on March 21, 2026. It also discloses 1,607,717 performance stock units eligible to vest over a three-year period from March 21, 2025, with 535,909 PSUs vesting if the 90‑day VWAP rises by 100% above $9.33, plus up to eight additional tranches of 133,976 PSUs for each further 25% increase.
Additionally, he holds stock options to purchase 1,342,282 shares at an exercise price of $10, granted on July 29, 2025 and approved on October 31, 2025, with required quarterly exercises across eight quarters and forfeiture if a quarter is missed.
Bakkt Holdings, Inc. (BKKT) is being removed from listing and/or registration on the New York Stock Exchange under Section 12(b), as reflected in a filed Form 25.
The action covers Class A Common Stock and warrants to purchase Class A Common Stock. The warrants are described as entitling the holder to purchase 1/25th of a share of Class A common stock, with an exercise price of $287.50 for one share of Class A common stock. The filing cites 17 CFR 240.12d2-2(b) and 12d2-2(c), noting compliance with exchange rules and the provision governing voluntary withdrawal.
Bakkt Holdings (BKKT) reported that shareholders approved the grant of stock options to select members of management at a special meeting held on October 31, 2025. The options allow purchases of up to 2,000,000 shares of Class A common stock.
The proposal passed with 10,809,572 votes for, 1,001,367 against, and 7,753 abstentions. The company filed the form of Option Award Agreement as Exhibit 10.1.
Bakkt Holdings, Inc. (BKKT) announced a board change. Director David Clifton resigned effective October 31, 2025. The company stated his resignation was not the result of any dispute or disagreement with the company or its Board on matters related to operations, policies, or practices.
The company issued a press release on October 31, 2025, which was furnished as Exhibit 99.1 under Regulation FD.
Bakkt Holdings (BKKT): beneficial ownership update. Horizon Kinetics Asset Management LLC filed an amended Schedule 13G reporting beneficial ownership of 328,529 shares of Bakkt common stock, representing 2.3% of the class.
The filer reports sole voting power: 328,529 shares and sole dispositive power: 328,529 shares, with no shared voting or dispositive power. The event date triggering the filing is 09/09/2025.
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Filing type: Schedule 13G/A (Amendment No. 3); reporting person classification: Investment Adviser.
Bakkt Holdings (BKKT) reported an insider equity grant. Director Michael Alfred filed a Form 4 showing the acquisition of 139 RSUs at $0 on 10/30/2025. Each RSU represents one share of Class A common stock.
Following the transaction, Alfred beneficially owned 19,476 shares directly and 40,000 shares indirectly through Alpine Fox LP. The filing notes he disclaims beneficial ownership of the indirect shares except to the extent of his pecuniary interest. The RSUs vest 100% on June 17, 2026, contingent on continued service.
Bakkt Holdings (BKKT) filed a Form 3 for a director, disclosing initial beneficial ownership tied to equity awards. The filing lists 4,809 units in Table I, noted as restricted stock units (RSUs). Each RSU represents a right to receive one share of Class A Common Stock.
According to the footnote, 100% of the RSUs vest on June 17, 2026, provided the reporting person continues service through that date. Ownership is reported as Direct (D). The event date is October 19, 2025.
Bakkt Holdings, Inc. filed an 8-K announcing an amended management stock option proposal that reduces the aggregate grant from 7,450,000 Options to 2,000,000 Options, to be voted at the reconvened special meeting on October 31, 2025 at 1:00 p.m. ET. The Board and Compensation Committee made the changes after discussions with shareholders and advisors.
The Options carry a $10.00 exercise price, with one-eighth becoming exercisable each quarter as “Committed Options”; failure to exercise a quarterly commitment forfeits all remaining Options. For any quarter the Committed Options are exercised, additional “Optional Exercise Options” become exercisable for up to one year. Early exercise is permitted after the first quarter following stockholder approval, with a lock-up until the originally scheduled dates. Forfeited Options may be reallocated for future grants to service providers on the same terms.
As of the record date, 15,934,137 Class A and 7,177,076 Class V shares were outstanding. Assuming pre-funded warrants from a July 2025 offering are exercised, the 2,000,000 Options would represent 8.0% of outstanding votes if fully exercised.