Insider buying: BTCS CEO and director increases BTCS stock stake

Q: Who is the reporting person in this BTCS (BTCS) Form 4 filing?

The reporting person is Charles Allen , who serves as both a director and CEO of BTCS Inc. .

Q: What BTCS common stock transactions did Charles Allen report?

He reported purchases of 19,499 shares on 11/18/2025 and 67,501 and 3,500 shares on 11/19/2025 at prices between $2.74 and $3.00 per share.

Q: At what prices did the BTCS CEO buy BTCS shares?

One transaction used a weighted average price of about $2.90 for trades ranging from $2.74 to $3.00 ; additional purchases were at $2.89 and $2.80 per share.

Q: How many BTCS shares does Charles Allen beneficially own after these trades?

After the reported transactions, he beneficially owned 4,666,506 BTCS common shares directly and 4,670,006 shares including the SEP IRA holdings.

Q: Does the BTCS CEO hold shares through a retirement account?

Yes. The filing states that 3,500 BTCS shares were purchased through the reporting person’s SEP IRA .

Q: Do Charles Allen’s BTCS holdings include restricted stock?

Yes. The beneficial ownership total includes restricted common stock that is subject to forfeiture if certain vesting conditions are not met.

Q: What does the weighted average price disclosure mean in this BTCS Form 4?

It means the $2.90 price represents an average of multiple trades between $2.74 and $3.00 , and the reporting person has agreed to provide the exact breakdown of shares at each price upon request.

Filing Impact

(High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

BTCS Inc. (BTCS) CEO and director Charles Allen reported open‑market purchases of company common stock. On 11/18/2025, he bought 19,499 shares at a weighted average price of about $2.90, from individual trades ranging between $2.74 and $3.00. On 11/19/2025, he purchased an additional 67,501 shares at $2.89 per share and 3,500 shares at $2.80 per share through his SEP IRA. Following these transactions, he reported beneficial ownership of 4,666,506 shares directly and 4,670,006 shares including the SEP IRA position, which also reflects restricted shares that may be forfeited if vesting conditions are not met.

Insights

BTCS CEO Charles Allen increased his BTCS share holdings through open-market purchases.

Charles Allen, the CEO and a director of BTCS Inc., reported several open‑market purchases of BTCS common stock on 11/18/2025 and 11/19/2025. The purchases were made at prices between $2.74 and $3.00 per share, indicating he was willing to commit additional personal capital at recent trading levels.

Some of the stock is held directly and some through a SEP IRA, and the total includes restricted shares that remain subject to vesting conditions. After the reported trades, he beneficially owned 4,666,506 shares directly and 4,670,006 shares including the SEP IRA. The filing notes that at least one transaction price is a weighted average of multiple trades, and the reporting person has committed to provide detailed breakdowns upon request, which is standard for such disclosures.

Insider Trade Summary

Net Buyer: 90,500 shares ($261,425)

Net Buy 3 txns

Insider Allen Charles W

Role CEO

Bought 90,500 shs ($261K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	67,501	$2.89	$195K
Purchase	Common Stock	3,500	$2.80	$10K
Purchase	Common Stock	19,499	$2.90	$57K

Holdings After Transaction: Common Stock — 4,666,506 shares (Direct); Common Stock — 4,670,006 shares (Indirect, By SEP IRA)

Footnotes (1)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions ranging from $2.74 to $3.00 inclusive. The reporting person undertakes to provide to BTCS Inc., any security holder of BTCS Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in the preceding sentence. Includes shares of restricted common stock subject to forfeiture if certain vesting conditions are not met. The shares were purchased through the Reporting Person's SEP IRA.

Form 4 Insider Transactions: What Each Field Means →

11/19/2025 - 05:27 PM

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^*

Allen Charles W

(Last)

(First)

(Middle)

303 W. LANCASTER AVE #336

(Street)

WAYNE

19087

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BTCS Inc. [ BTCS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/18/2025		P		19,499	A	$2.9⁽¹⁾	4,599,005⁽²⁾	D
Common Stock	11/19/2025		P		67,501	A	$2.89	4,666,506⁽²⁾	D
Common Stock	11/19/2025		P		3,500	A	$2.8	4,670,006⁽²⁾	I	By SEP IRA⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions ranging from $2.74 to $3.00 inclusive. The reporting person undertakes to provide to BTCS Inc., any security holder of BTCS Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in the preceding sentence.

2. Includes shares of restricted common stock subject to forfeiture if certain vesting conditions are not met.

3. The shares were purchased through the Reporting Person's SEP IRA.

	/s/ Charles Allen	11/19/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

Who is the reporting person in this BTCS (BTCS) Form 4 filing?

The reporting person is Charles Allen, who serves as both a director and CEO of BTCS Inc..

What BTCS common stock transactions did Charles Allen report?

He reported purchases of 19,499 shares on 11/18/2025 and 67,501 and 3,500 shares on 11/19/2025 at prices between $2.74 and $3.00 per share.

At what prices did the BTCS CEO buy BTCS shares?

One transaction used a weighted average price of about $2.90 for trades ranging from $2.74 to $3.00; additional purchases were at $2.89 and $2.80 per share.

How many BTCS shares does Charles Allen beneficially own after these trades?

After the reported transactions, he beneficially owned 4,666,506 BTCS common shares directly and 4,670,006 shares including the SEP IRA holdings.

Does the BTCS CEO hold shares through a retirement account?

Yes. The filing states that 3,500 BTCS shares were purchased through the reporting person’s SEP IRA.

Do Charles Allen’s BTCS holdings include restricted stock?

Yes. The beneficial ownership total includes restricted common stock that is subject to forfeiture if certain vesting conditions are not met.

What does the weighted average price disclosure mean in this BTCS Form 4?

It means the $2.90 price represents an average of multiple trades between $2.74 and $3.00, and the reporting person has agreed to provide the exact breakdown of shares at each price upon request.