Melanie Pump Granted Equity: BTCS Form 4 Reports 2,588-Share Issuance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Melanie Pump, a director of BTCS Inc. (BTCS), reported a Section 16 transaction dated 09/30/2025. The Form 4 shows an acquisition of 2,588 shares of the issuer's common stock under transaction code V, and reports 60,400 shares beneficially owned following the transaction. The filing explains these shares stem from an annual grant of $50,000 in common stock approved by the Board, paid quarterly at $12,500 per quarter, and states the grant was exempt from Section 16(b) under Rule 16b-3. The form is signed by the reporting person on 10/02/2025.
Positive
- 2,588 shares were acquired by Director Melanie Pump on 09/30/2025
- Board-approved annual equity grant of $50,000 paid quarterly ($12,500 per quarter) was implemented
- Grant was documented as exempt from Section 16(b) under Rule 16b-3
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pump Melanie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,588 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,400 shares (Direct)
Footnotes (1)
- As previously disclosed, the Issuer's Board of Directors approved an annual grant of $50,000 of common stock to the Reporting Person to be issued on a quarterly calendar basis ($12,500 per quarter). The grant and any issuances thereunder were exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. Not applicable.
FAQ
What did Melanie Pump report on the Form 4 for BTCS (BTCS)?
The Form 4 reports Melanie Pump, a director, acquired 2,588 shares on 09/30/2025 and now beneficially owns 60,400 shares.
Was the transaction subject to Section 16(b) short-swing rules?
The filing states the grant and issuances were exempt from Section 16(b) by virtue of Rule 16b-3.
What is the reporting and signature date on the Form 4?
The transaction date is 09/30/2025 and the Form 4 is signed by Melanie Pump on 10/02/2025.