BitGo (BTGO) CEO Michael Belshe has 119,219 shares withheld for tax obligations
Rhea-AI Filing Summary
BITGO HOLDINGS, INC. director and CEO Michael Belshe reported a routine tax-related share disposition. On this Form 4/A, the company withheld 119,219 shares of Class A Common Stock at $18.00 per share to cover tax liabilities tied to restricted stock units. After this withholding, Belshe directly owns 880,781 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 119,219 shares
Net Sell
1 txn
Insider
Belshe Michael
Role
CEO, President, CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 119,219 | $18.00 | $2.15M |
Holdings After Transaction:
Class A Common Stock — 880,781 shares (Direct)
Footnotes (1)
- F1. The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.
FAQ
What insider transaction did BTGO CEO Michael Belshe report on this Form 4/A?
Michael Belshe reported a tax-related share disposition where 119,219 BTGO Class A shares were withheld. The company retained these shares to satisfy tax withholding obligations arising from the net settlement of restricted stock units.
Does this BTGO Form 4/A indicate new option or warrant exercises by Michael Belshe?
The BTGO Form 4/A does not show option or warrant exercises. It records only a tax-withholding disposition of 119,219 Class A shares tied to restricted stock units, with no derivative securities exercises listed in the derivative summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.