STOCK TITAN

Bit Digital CFO Erke Huang receives 75,000 shares

The chief financial officer's performance-based award vested immediately, and the resulting Ordinary Shares were valued at $1.63 each.

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Form Type
4

Rhea-AI Filing Summary

Bit Digital, Inc. Chief Financial Officer and director Erke Huang received 75,000 performance-based RSUs on October 15, 2026; they vested immediately. 75,000 Ordinary Shares were issued upon vesting and valued at $1.63 per share; his direct Ordinary Share holdings after the transaction were 2,540,000 shares. His reported post-transaction RSU position was 575,000. Huang is also the beneficial owner, through Even Green Holdings Limited, of 500,000 Preference Shares, an ownership previously reported.

Insider Huang Erke
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F3 75,000 $0.00 $0.00
Exercise Ordinary Shares, $.01 par value F1, F2 75,000 -- --
Grant/Award Preference Shares $.01 par value F4 500,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 575,000 contracts (Direct); Preference Shares $.01 par value — 500,000 contracts (Indirect, See footnote); Ordinary Shares, $.01 par value — 2,540,000 shares (Direct)
Footnotes (4)
  1. F1. Represents Ordinary Shares issued upon vesting of restricted stock units ("RSUs") awarded under the Company's 2026 Omnibus Equity Incentive Plan (the "Plan").
  2. F2. These shares were valued at $1.63 per share.
  3. F3. Represents RSUs granted pursuant to the Plan. Each RSU represents the right to receive one Ordinary Share of the Issuer. These performance based RSUs were issued under the Plan in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934. The RSUs immediately vested on the date of the grant.
  4. F4. Erke Huang, through Even Green Holdings Limited is the beneficial owner of 500,000 ordinary shares issuable upon conversion of 500,000 Preference Shares including 200,000 issued for performance on August 18, 2026. Each Preference Share carries the vote of 50 ordinary shares or an aggregate of 25,000,000 votes on all matters. The shares have no expiration date. The acquisition of these Preference Shares was previously reported on Form 4 and they are included here for clarification purposes only.
Performance-based RSUs awarded 75,000 RSUs Granted October 15, 2026; immediately vested
Ordinary Shares issued upon vesting 75,000 shares October 15, 2026
Value per Ordinary Share $1.63 per share Shares issued upon RSU vesting
Direct Ordinary Shares after transaction 2,540,000 shares Following the October 15, 2026 transaction
RSU position after transaction 575,000 RSUs Following the October 15, 2026 award
Preference Shares beneficially owned 500,000 shares Held through Even Green Holdings Limited; previously reported
Ordinary Shares issuable upon conversion 500,000 shares Upon conversion of the Preference Shares
Aggregate votes attached to Preference Shares 25,000,000 votes Each Preference Share carries the vote of 50 Ordinary Shares
RSUs financial
"Represents RSUs granted pursuant to the Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
performance based RSUs financial
"These performance based RSUs were issued under the Plan"
Rule 16b-3 regulatory
"in an exempt transaction pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Preference Shares financial
"500,000 Preference Shares including 200,000 issued for performance"
Preference shares are a type of company stock that pays owners a fixed or regularly prioritized payout, similar to receiving steady interest from a savings account, while still representing ownership. They usually get paid dividends before regular (common) shareholders and have priority if the company distributes assets, but often carry limited voting rights and less upside if the company’s value soars. Investors care because preference shares trade off growth potential for steadier income and greater safety in payouts.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BTBT shares did Erke Huang receive from the October 2026 RSU vesting?

Erke Huang received 75,000 Ordinary Shares upon vesting on October 15, 2026. The shares were valued at $1.63 per share, and his direct Ordinary Share holdings after the transaction were 2,540,000 shares.

What voting rights do Erke Huang's BTBT Preference Shares carry?

The 500,000 Preference Shares carry 25,000,000 votes in aggregate, with each Preference Share carrying the vote of 50 Ordinary Shares. The shares are convertible into 500,000 Ordinary Shares, have no expiration date, and are beneficially owned by Erke Huang through Even Green Holdings Limited.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Huang Erke

(Last)(First)(Middle)
C/O BIT DIGITAL, INC
31 HUDSON YARDS, FLOOR 11

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bit Digital, Inc [ BTBT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares, $.01 par value10/15/202610/15/2026M75,000(1)A(2)2,540,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)$0.0110/15/2026A75,00010/15/202610/15/2036Ordinary Shares75,000$0575,000D
Preference Shares $.01 par value$008/18/2026A500,00008/18/2026 (4)Ordinary Shares500,000$0500,000ISee footnote(4)
Explanation of Responses:
1. Represents Ordinary Shares issued upon vesting of restricted stock units ("RSUs") awarded under the Company's 2026 Omnibus Equity Incentive Plan (the "Plan").
2. These shares were valued at $1.63 per share.
3. Represents RSUs granted pursuant to the Plan. Each RSU represents the right to receive one Ordinary Share of the Issuer. These performance based RSUs were issued under the Plan in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934. The RSUs immediately vested on the date of the grant.
4. Erke Huang, through Even Green Holdings Limited is the beneficial owner of 500,000 ordinary shares issuable upon conversion of 500,000 Preference Shares including 200,000 issued for performance on August 18, 2026. Each Preference Share carries the vote of 50 ordinary shares or an aggregate of 25,000,000 votes on all matters. The shares have no expiration date. The acquisition of these Preference Shares was previously reported on Form 4 and they are included here for clarification purposes only.
/s/ Erke Huang10/19/2026
** Signature of Reporting PersonDate
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)

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