Bit Digital CEO exercises 535K RSUs for stock

BTBT’s CEO exercised 535,000 performance-based RSUs into ordinary shares, increasing his direct holdings with no reported open-market sale.

Rhea-AI Filing Summary

Bit Digital, Inc (BTBT) reported that Chief Executive Officer Samir Tabar exercised performance-based Restricted Stock Units into ordinary shares on August 31, 2026. A total of 535,000 RSUs were converted into 535,000 Ordinary Shares, valued at $1.43 per share, the closing price on the conversion date. Following the transaction, he directly holds 3,678,089 Ordinary Shares and a remaining derivative position representing 200,000 Preference Shares. The RSUs had originally been granted on July 24, 2026 after performance milestones were met on June 30, 2026, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

535,000 shares exercised/converted

Exercise 2 txns

Insider Tabar Samir

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	535,000	$0.00	$0.00
Exercise	Ordinary Shares, $.01 par value F1	535,000	$1.43	$765K

Holdings After Transaction: Restricted Stock Units — 200,000 contracts (Direct); Ordinary Shares, $.01 par value — 3,678,089 shares (Direct)

Footnotes (3)

1. F1. The Ordinary Shares reported hereby were valued at $1.43, the closing price of such shares on the date of conversion.
2. F2. As previously reported, these performance-based RSUs were issued on July 24, 2026, in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, when the applicable performance milestones were met on June 30, 2026.
3. F3. Represents 200,000 Preference Shares of the Issuer.

Key Figures

RSUs converted: 535,000 units Ordinary Shares acquired: 535,000 shares Share valuation on conversion date: $1.43 per share +4 more

7 metrics

RSUs converted 535,000 units Performance-based RSUs exercised on August 31, 2026

Ordinary Shares acquired 535,000 shares Ordinary Shares received upon RSU conversion on August 31, 2026

Share valuation on conversion date $1.43 per share Closing price of Ordinary Shares on August 31, 2026

Post-transaction Ordinary Shares 3,678,089 shares Direct Ordinary Share holdings after the reported transactions

Remaining Preference Shares 200,000 shares Preference Shares position referenced in post-transaction amounts footnote

RSU grant date July 24, 2026 Date performance-based RSUs were issued in an exempt transaction

Performance milestone date June 30, 2026 Date on which applicable performance milestones were met

Key Terms

Restricted Stock Units, performance-based RSUs, Rule 16b-3, Ordinary Shares, +1 more

5 terms

Restricted Stock Units financial

"security title is reported as Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based RSUs financial

"these performance-based RSUs were issued on July 24, 2026"

Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.

Rule 16b-3 regulatory

"issued 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.

Ordinary Shares financial

"underlying security title stated as 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.

Preference Shares financial

"Represents 200,000 Preference Shares of the Issuer"

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

What insider transaction did BTBT’s CEO report on August 31, 2026?

Samir Tabar, BTBT’s Chief Executive Officer, reported exercising 535,000 performance-based RSUs into 535,000 Ordinary Shares on August 31, 2026, via a derivative exercise/conversion rather than an open-market purchase or sale.

At what price were the BTBT Ordinary Shares valued in this Form 4 transaction?

The Ordinary Shares received upon RSU conversion were valued at $1.43 per share, which was the closing price of Bit Digital’s Ordinary Shares on August 31, 2026, the date of conversion.

How many BTBT Ordinary Shares does the CEO hold after this Form 4 transaction?

After the RSU conversion, Samir Tabar directly holds 3,678,089 Ordinary Shares of Bit Digital, Inc. This figure reflects his direct post-transaction ownership reported in the filing.

What derivative or preference share position related to BTBT remains after the RSU exercise?

The filing reports a remaining position representing 200,000 Preference Shares of Bit Digital, Inc., disclosed in a footnote linked to the post-transaction derivative amounts.

Were the BTBT CEO’s transactions made under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

When were the BTBT performance-based RSUs originally granted and what triggered them?

The performance-based RSUs were issued on July 24, 2026 in an exempt transaction under Rule 16b-3, after the applicable performance milestones were met on June 30, 2026, as described in the footnotes.

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

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Available on EDGAR 09/02/2026 - 05:50 PM Accepted by SEC EDGAR 09/02/2026 - 05:50 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)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

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	08/31/2026	08/31/2026	M		535,000	A	$1.43(1)	3,678,089	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
Restricted Stock Units(2)	$0	08/31/2026	08/31/2026	M			535,000	07/24/2026	03/12/2036	Ordinary Shares	535,000	$0	200,000(3)	D

Explanation of Responses:

1. The Ordinary Shares reported hereby were valued at $1.43, the closing price of such shares on the date of conversion.

2. As previously reported, these performance-based RSUs were issued on July 24, 2026, in an exempt transaction pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, when the applicable performance milestones were met on June 30, 2026.

3. Represents 200,000 Preference Shares of the Issuer.

	/s/ Samir Tabar	09/02/2026
	** 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)