Bit Digital CEO gets 200K shares with 50 votes each

Bit Digital, Inc (BTBT) reported that CEO Samir Tabar received a grant of 200,000 Preference Shares at $2.00 per share on August 18, 2026, each convertible into one ordinary share and carrying the vote of 50 ordinary shares.

Rhea-AI Filing Summary

Bit Digital, Inc (BTBT) reported that CEO Samir Tabar received a grant of 200,000 Preference Shares at $2.00 per share on August 18, 2026, each convertible into one ordinary share and carrying the vote of 50 ordinary shares. In connection with this issuance, he forfeited 200,000 issued and outstanding ordinary shares for zero additional consideration. Following these transactions, he directly holds 735,000 Preference Shares and 3,143,089 ordinary shares, which include 200,000 ordinary shares issuable upon conversion of the new Preference Shares, for an aggregate of 10,000,000 votes attached to those Preference Shares. The transactions were not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tabar Samir

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Preference Shares, $.01 par value F2, F3	200,000	$2.00	$400K
Other	Ordinary Shares, $01 par value F1	200,000	--	--

Holdings After Transaction: Preference Shares, $.01 par value — 735,000 contracts (Direct); Ordinary Shares, $01 par value — 3,143,089 shares (Direct)

Footnotes (3)

1. F1. These issued and outstanding ordinary shares were forfeited by Mr. Tabar for zero additional consideration, upon the issuance of 200,000 Preference Shares.
2. F2. There is no expiration date.
3. F3. Includes 200,000 ordinary shares issuable upon conversion of 200,000 Preference Shares issued on August 18, 2026. Each Preference Share carries the vote of 50 ordinary shares or an aggregate of 10,000,000 votes on all matters. Upon the issuance of the 200,000 Preference Shares, Mr. Tabar forfeited 200,000 issued and outstanding ordinary shares, as described in note (1) above.

Key Figures

Preference Shares granted: 200,000 shares Grant price per Preference Share: $2.00 per share Preference Shares held after transaction: 735,000 shares +4 more

7 metrics

Preference Shares granted 200,000 shares Grant of Preference Shares on August 18, 2026 at $2.00 per share

Grant price per Preference Share $2.00 per share Preference Shares, $.01 par value, transaction on August 18, 2026

Preference Shares held after transaction 735,000 shares Total Preference Shares directly owned by Samir Tabar following the grant

Ordinary shares forfeited 200,000 shares Issued and outstanding ordinary shares forfeited for zero additional consideration

Ordinary shares held after transaction 3,143,089 shares Direct ordinary share holdings including 200,000 issuable upon conversion of Preference Shares

Votes per Preference Share 50 votes per share Each Preference Share carries the vote of 50 ordinary shares

Aggregate votes from new Preference Shares 10,000,000 votes Aggregate voting power of 200,000 newly issued Preference Shares

Key Terms

Preference Shares, Ordinary Shares, grant/award acquisition, Rule 10b5-1, +1 more

5 terms

Preference Shares financial

"Each Preference Share carries the vote of 50 ordinary shares"

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.

Ordinary Shares financial

"Includes 200,000 ordinary shares issuable upon conversion of 200,000 Preference"

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.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

Rule 10b5-1 regulatory

"The transactions were not reported as made under a Rule 10b5-1 trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

voting power financial

"Each Preference Share carries the vote of 50 ordinary shares or an aggregate"

Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.

FAQ

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

What insider transactions did BTBT CEO Samir Tabar report on August 18, 2026?

He reported a grant of 200,000 Preference Shares at $2.00 per share and a related forfeiture of 200,000 issued and outstanding ordinary shares for zero additional consideration, both dated August 18, 2026.

How many Bit Digital (BTBT) Preference Shares does the CEO hold after this Form 4?

After the reported grant, Samir Tabar directly holds 735,000 Preference Shares. The filing states there is no expiration date for these Preference Shares.

What is the CEO’s ordinary share position in Bit Digital (BTBT) after the transactions?

Following the forfeiture and the new grant, Samir Tabar directly holds 3,143,089 ordinary shares, which include 200,000 ordinary shares issuable upon conversion of the 200,000 newly issued Preference Shares.

How much voting power do the new Bit Digital (BTBT) Preference Shares carry?

Each of the 200,000 Preference Shares carries the vote of 50 ordinary shares, for an aggregate of 10,000,000 votes on all matters, according to the filing’s footnote.

Were the reported BTBT insider transactions under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, so the transactions were not reported as being made pursuant to a Rule 10b5-1 plan.

What happened to the 200,000 Bit Digital (BTBT) ordinary shares mentioned in the Form 4 footnote?

The footnote states that 200,000 issued and outstanding ordinary shares were forfeited by Mr. Tabar for zero additional consideration upon the issuance of the 200,000 Preference Shares.

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

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Available on EDGAR 08/20/2026 - 06:24 PM Accepted by SEC EDGAR 08/20/2026 - 06:24 PM Learn about SEC filing dates

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^*

Tabar Samir

(Last) (First) (Middle)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

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, $01 par value	08/18/2026	08/18/2026	J		200,000	D	(1)	3,143,089	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
Preference Shares, $.01 par value	$0	08/18/2026	08/18/2026	A		200,000		08/18/2026	(2)	Ordinary Shares	200,000	$2	735,000(3)	D

Explanation of Responses:

1. These issued and outstanding ordinary shares were forfeited by Mr. Tabar for zero additional consideration, upon the issuance of 200,000 Preference Shares.

2. There is no expiration date.

3. Includes 200,000 ordinary shares issuable upon conversion of 200,000 Preference Shares issued on August 18, 2026. Each Preference Share carries the vote of 50 ordinary shares or an aggregate of 10,000,000 votes on all matters. Upon the issuance of the 200,000 Preference Shares, Mr. Tabar forfeited 200,000 issued and outstanding ordinary shares, as described in note (1) above.

	/s/ Samir Tabar	08/20/2026
	** 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)