BTCS Director Melanie Pump Acquires 2,588 Shares on 09/30/2025
Melanie Pump, a director of BTCS Inc. (BTCS), reported a Section 16 transaction dated 09/30/2025.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,588 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Not applicable.
FAQ
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What did Melanie Pump report on the Form 4 for BTCS (BTCS)?
Was the transaction subject to Section 16(b) short-swing rules?
What is the reporting and signature date on the Form 4?
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