Bitdeer Technologies Group (BTDR) director receives 6,477 RSUs vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sirimongkolkasem Naphat reported acquisition or exercise transactions in this Form 4 filing.
Bitdeer Technologies Group director Naphat Sirimongkolkasem received a grant of 6,477 Restricted Share Units (RSUs). Each RSU represents a right to receive one Class A ordinary share upon vesting. The RSUs vest over four years, with 25% vesting on each anniversary of July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sirimongkolkasem Naphat
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
Vesting schedule: 25% per year over 4 years
Conversion ratio: 1 RSU : 1 share
+2 more
5 metrics
RSUs granted
6,477 units
Restricted Share Units awarded to director on July 1, 2026 grant date
Vesting schedule
25% per year over 4 years
RSUs vest on each anniversary of July 1, 2026
Conversion ratio
1 RSU : 1 share
Each RSU converts into one Class A ordinary share upon vesting
Transaction price per RSU
$0.0000
No cash paid for the RSU grant
RSUs held after grant
6,477 units
Total Restricted Share Units reported following the transaction
Key Terms
Restricted Share Units, Class A ordinary share, contingent right, vesting
4 terms
contingent right financial
"RSU") represents a contingent right to receive Class A ordinary share"
vesting financial
"upon vesting. The RSUs vest over a four-year period, with 25% vesting"
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.
FAQ
What insider transaction did Bitdeer Technologies Group (BTDR) report for Naphat Sirimongkolkasem?
Bitdeer reported that director Naphat Sirimongkolkasem received a grant of 6,477 Restricted Share Units. These RSUs are a form of equity compensation and convert into Class A ordinary shares on a one-for-one basis when they vest over the specified schedule.
Was there any purchase price for the Bitdeer (BTDR) RSU grant in this Form 4?
The RSU grant lists a transaction price per unit of 0.0000, indicating no cash purchase price was paid for the award. This reflects a typical equity compensation grant, where units are awarded as part of the director’s compensation rather than bought on the open market.