Bitgo COO granted 200K options at $6.41
Bitgo’s chief operating officer received a 200,000-share stock option grant with a $6.41 exercise price, vesting from 2027 onward.
Rhea-AI Filing Summary
BITGO HOLDINGS, INC. (BTGO) reported that Chief Operating Officer Jody Mettler received a grant of stock options for 200,000 shares of Class A common stock on September 16, 2026. The options have an exercise price of $6.41 per share and expire on September 15, 2036.
These options vest as to 25% of the award on August 15, 2027, with the remaining 75% vesting in equal monthly installments thereafter, subject to continued service with the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 200,000 shares
Grant/Award
1 txn
Insider
Mettler Jody
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 200,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 200,000 contracts (Direct)
Footnotes (1)
- F1. The options will vest as to 25% of the award on August 15, 2027, and the remaining 75% of the options will vest in equal monthly installments thereafter until such time as the options are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
Key Figures
Stock options granted: 200,000 options
Exercise price: $6.41 per share
Underlying shares: 200,000 shares
+3 more
6 metrics
Stock options granted
200,000 options
Grant of stock options on September 16, 2026
Exercise price
$6.41 per share
Exercise price of the granted stock options
Underlying shares
200,000 shares
Class A Common Stock underlying the options
Vesting cliff
25% on August 15, 2027
Initial vesting portion of the option award
Remaining vesting portion
75% monthly thereafter
Remainder of options vesting in equal monthly installments
Expiration date
September 15, 2036
Option term end date for the granted stock options
Key Terms
Stock Option, Class A Common Stock, exercise price, vesting
4 terms
Stock Option financial
"The security is described as a Stock Option (Right to Buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Class A Common Stock financial
"The underlying security title is Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"The options have an exercise price of $6.41 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The options will vest as to 25% of the award on August 15, 2027"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BTGO disclose about Jody Mettler’s new stock option grant?
BTGO disclosed that Chief Operating Officer Jody Mettler received a stock option grant covering 200,000 shares of Class A common stock on September 16, 2026, at an exercise price of $6.41 per share, expiring on September 15, 2036.
How do the 200,000 BTGO stock options granted to Jody Mettler vest?
The options vest as to 25% of the award on August 15, 2027. The remaining 75% vest in equal monthly installments thereafter until fully vested, subject to Jody Mettler’s continued service with Bitgo Holdings, Inc. on each vesting date.
What is the exercise price and expiration date of Jody Mettler’s BTGO options?
The granted stock options have an exercise price of $6.41 per share and an expiration date of September 15, 2036, giving the holder the right to buy BTGO Class A common stock at that price before expiration, subject to vesting.
How many BTGO derivative securities does Jody Mettler hold after this transaction?
Following this grant, Jody Mettler holds 200,000 stock options related to BTGO Class A common stock as reported in this filing. These options were awarded in a single transaction and are held directly, subject to the stated vesting schedule.
Was Jody Mettler’s BTGO stock option grant made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, and no footnote states that the transaction was made pursuant to a Rule 10b5-1 trading plan. The grant is reported simply as a compensation-related award of stock options.
What role does Jody Mettler have at BTGO according to this Form 4?
According to this Form 4, Jody Mettler is the Chief Operating Officer of Bitgo Holdings, Inc. and is an officer but not listed as a director or ten percent owner in the reporting person information section.
AI-generated analysis. How Rhea-AI works. Not financial advice.