Bullish (BLSH) CEO Farley Thomas W records small 494-share stock sale

Rhea-AI Filing Summary

Bullish Chief Executive Officer Farley Thomas W reported selling 494 Ordinary Shares of the company on May 5, 2026 in two open-market transactions. After these sales, he directly holds 4,973,281 Ordinary Shares, indicating the trades were very small relative to his overall position.

Insider Trade Summary

2 transactions reported

Net Sell 2 txns

Insider Farley Thomas W

Role Chief Executive Officer

Sold 494 shs ($0.00)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	247	$0.00	--
Sale	Ordinary Shares	247	$0.00	--

Holdings After Transaction: Ordinary Shares — 4,973,281 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 494 shares Post-sale holdings: 4,973,281 shares Transactions count: 2 sales +1 more

4 metrics

Shares sold 494 shares Total Ordinary Shares sold on May 5, 2026

Post-sale holdings 4,973,281 shares Ordinary Shares directly owned after second transaction

Transactions count 2 sales Two non-derivative open-market sale transactions on May 5, 2026

Net share change -494 shares Net sell direction per transaction summary

Key Terms

Ordinary Shares, open-market sale, non-derivative, Form 4

4 terms

Ordinary Shares financial

"security_title: "Ordinary Shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: "non-derivative""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Farley Thomas W

(Last) (First) (Middle)

OFFICE 101, 103, 105 SUITE 70202, BLDG A

BLOCK 7, 60 NEXUS WAY, CAMANA BAY

(Street)

GEORGE TOWN GRAND CAYMAN KY1-9005

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bullish [ BLSH ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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

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

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

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
Ordinary Shares	05/05/2026		S		247	D	$0	4,973,281	D
Ordinary Shares	05/05/2026		S		247	A	$0	4,973,528	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

Explanation of Responses:

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Thomas W Farley	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Bullish (BLSH) report for Farley Thomas W?

Bullish reported that CEO and director Farley Thomas W sold a total of 494 Ordinary Shares on May 5, 2026. The Form 4 describes these transactions as open-market sales of non-derivative Ordinary Shares held directly.

How many Bullish (BLSH) shares does the CEO hold after this Form 4?

After the reported sales, CEO Farley Thomas W directly holds 4,973,281 Ordinary Shares of Bullish. This post-transaction holding shows the 494-share sale was very small compared with his overall equity position in the company.

Were the Bullish (BLSH) CEO’s Form 4 transactions buys or sells?

The Form 4 for Bullish shows CEO Farley Thomas W executed two open-market sales of Ordinary Shares. Both transactions carry the SEC transaction code “S”, indicating they were sales rather than purchases or option exercises.

Did the Bullish (BLSH) Form 4 include any derivative or option transactions?

The disclosed Form 4 transactions for Bullish involve only non-derivative Ordinary Shares. The derivativeSummary section is empty, indicating no option exercises, warrant conversions, or other derivative transactions were reported in this particular filing.

How significant is the Bullish (BLSH) CEO’s 494-share sale?

The CEO sold 494 Ordinary Shares while remaining directly invested with 4,973,281 shares afterward. Based on these figures from the filing, the sale represents a very small fraction of his disclosed holdings and appears limited in scale.