Bitdeer (BTDR) director receives 6,477 RSU equity award with 4-year vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trainor-Degirolamo Sheldon reported acquisition or exercise transactions in this Form 4 filing.
Bitdeer Technologies Group director receives new equity award. Director Sheldon Trainor-Degirolamo was granted 6,477 Restricted Share Units, each representing a right to receive one Class A ordinary share upon vesting. The RSUs vest over four years, with 25% vesting on each anniversary starting on July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Trainor-Degirolamo Sheldon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 6,477 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 6,477 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 6,477 units
Transaction price per RSU: $0.00
Underlying shares: 6,477 Class A ordinary shares
+3 more
6 metrics
RSUs granted
6,477 units
Restricted Share Units awarded to director
Transaction price per RSU
$0.00
Equity award, no cash paid by director
Underlying shares
6,477 Class A ordinary shares
One share per RSU upon vesting
Vesting start milestone
July 1, 2026
First 25% of RSUs vest on this date
Vesting term
4 years
25% vests on each anniversary of grant date
Holdings after grant
6,477 RSUs
Total RSUs reported following transaction
Key Terms
Restricted Share Units, Class A Ordinary Shares, vesting, contingent right
4 terms
vesting financial
"The RSUs vest over a four-year period, with 25% vesting on each anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"represents a contingent right to receive Class A ordinary share of the Issuer"
FAQ
What insider transaction did Bitdeer (BTDR) report in this Form 4?
Bitdeer reported that director Sheldon Trainor-Degirolamo received 6,477 Restricted Share Units as an equity award. These RSUs are compensation, not an open-market purchase, and give the right to receive Class A ordinary shares upon future vesting.
How many Bitdeer (BTDR) RSUs were granted to the director?
The director was granted 6,477 Restricted Share Units. Each RSU can convert into one Class A ordinary share upon vesting, creating potential future share ownership tied to continued service and the vesting schedule specified in the award terms.
What is the vesting schedule for the Bitdeer (BTDR) RSU grant?
The RSUs vest over four years, with 25% vesting on each anniversary of the July 1, 2026 grant date. This structure spreads the award over time, encouraging ongoing service and aligning the director’s compensation with long-term company performance.
Does the Bitdeer (BTDR) director pay anything for these RSUs?
The reported transaction price per RSU is $0.00, indicating the director does not pay cash for the award. Instead, the RSUs are part of compensation and convert into Class A ordinary shares as vesting conditions are satisfied over time.
How many Bitdeer (BTDR) RSUs does the director hold after this filing?
After this grant, the director’s reported holdings in the award total 6,477 Restricted Share Units. These units will convert into Class A ordinary shares only as they vest over the four-year schedule starting July 1, 2026.