Bit Digital (NASDAQ: BTBT) VP gets 94,340 RSUs; tax shares withheld
Rhea-AI Filing Summary
Bit Digital VP of Finance & CAO Justin Zhu reported compensation-related equity grants and vesting activity, not open-market trades. He received 94,340 restricted stock units under the 2025 Omnibus Equity Incentive Plan, each representing one Ordinary Share, which immediately vested on grant and was valued at $1.59 per share on March 25, 2026.
Earlier, RSU vesting on March 16, 2026 resulted in 3,125 Ordinary Shares valued at $1.68 per share. On March 19, 2026, 1,775 Ordinary Shares were sold by the company at $1.53 per share solely to cover tax withholding, which the filing states does not represent a sale by Zhu. Following these transactions, he directly owns 142,990 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 94,340 | $0.00 | -- |
| Exercise | Ordinary Shares, $.01 par value | 94,340 | $0.00 | -- |
| Tax Withholding | Ordinary Shares, $.01 par value | 1,775 | $0.00 | -- |
| Exercise | Ordinary Shares, $.01 par value | 3,125 | $0.00 | -- |
Footnotes (1)
- Represents Ordinary Shares issued upon vesting of restricted stock units ("RSUs") awarded under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan"). These shares were valued at $1.59, the closing market price on March 25, 2026, when the RSUs vested. 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. These shares were valued at $1.68, the closing market price on March 16, 2026, when the RSUs vested. Represents Ordinary Shares sold by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Ordinary Shares delivered to the Reporting Person on March 19, 2026, from the vesting of Restricted Stock Units, and does not a represent a sale by the Reporting Person. Represents Ordinary Shares issued upon vesting of restricted stock units ("RSUs") previously reported. These shares were sold at $1.53 per share, the average market price, on March 19, 2026
FAQ
What insider transactions did Bit Digital (BTBT) VP Justin Zhu report?
How many restricted stock units did BTBT grant to Justin Zhu?
Were there any open-market stock sales by Justin Zhu in this BTBT Form 4?