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BTBT insider filing: 325,000 RSUs vested; direct ownership 2,675,000

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bit Digital, Inc. (BTBT) reported an insider equity event. On 10/15/2025, CFO and director Erke Huang reported the issuance of 325,000 ordinary shares upon vesting of restricted stock units (RSUs) awarded under the company’s 2025 Omnibus Equity Incentive Plan.

The filing also shows 325,000 RSUs associated with an underlying equal number of ordinary shares. Following the transactions, Huang beneficially owned 2,675,000 ordinary shares, held directly. The notes state the shares were valued at $3 per share, the closing market price on September 30, 2025. The RSU-related transactions were reported as exempt under Rule 16b-3.

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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*
Huang Erke

(Last) (First) (Middle)
31 HUDSON YARDS,
FLOOR 11

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bit Digital, Inc [ BTBT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 10/15/2025 10/15/2025 M 325,000(1) A (2) 2,675,000 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(3) $0.01 10/15/2025 10/15/2025 A 325,000 10/15/2025 03/12/2035 Ordinary Shares 325,000 $0 325,000 D
Explanation of Responses:
1. Represents Ordinary Shares issued upon vesting of restricted stock units ("RSUs") awarded under the Company's 2025 Omnibus Equity Incentive Plan (the "Plan").
2. These shares were valued at $3 per share the closing market price on September 30, 2025.
3. 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
/s/ Erke Huang 10/17/2025
** 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.

FAQ

What did BTBT’s CFO report on Form 4?

On 10/15/2025, CFO and director Erke Huang reported 325,000 ordinary shares issued upon RSU vesting and 325,000 RSUs tied to the same number of underlying shares.

How many BTBT shares does the reporting person hold after the transactions?

Following the reported transactions, the filing lists 2,675,000 ordinary shares beneficially owned, held directly.

What plan governed the RSU grant for BTBT?

The RSUs were awarded under Bit Digital’s 2025 Omnibus Equity Incentive Plan.

What valuation was referenced for the BTBT shares?

The notes cite a value of $3 per share, the closing market price on September 30, 2025.

Were the transactions exempt under SEC rules?

Yes. The filing states the RSU-related transactions were exempt pursuant to Rule 16b-3.

What is the relationship of the reporting person to BTBT?

The reporting person is a Director and Chief Financial Officer.
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