STOCK TITAN

BitGo Holdings (BTGO) CEO has 21,200 shares withheld to cover RSU taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BITGO HOLDINGS, INC. director and CEO Michael Belshe reported a routine tax-related share withholding tied to equity compensation. On May 22, 2026, the issuer withheld 21,200 shares of Class A Common Stock at $6.93 per share to cover tax withholding liabilities from the net settlement of restricted stock units. This was not an open‑market sale, but an automatic disposition to satisfy taxes. After this transaction, Belshe directly owned 837,155 shares of Class A Common Stock.

Positive

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Insider Belshe Michael
Role CEO, President, CTO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 21,200 $6.93 $147K
Holdings After Transaction: Class A Common Stock — 837,155 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 21,200 shares Tax-withholding disposition on May 22, 2026
Withholding reference price $6.93 per share Value used for tax-withholding disposition
Shares owned after transaction 837,155 shares Direct Class A Common Stock holding after May 22, 2026
restricted stock units financial
"in connection with the net settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding liabilities financial
"withheld by the Issuer to satisfy tax withholding liabilities"
net settlement financial
"in connection with the net settlement of restricted stock units"
Class A Common Stock financial
"shares of Class A Common Stock withheld by the Issuer"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Belshe Michael

(Last)(First)(Middle)
C/O BITGO HOLDINGS, INC.
101 S. REID STREET, SUITE 307, PMB# 9793

(Street)
SIOUX FALLS SOUTH DAKOTA 57103

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BITGO HOLDINGS, INC. [ BTGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO, President, CTO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/22/2026F(1)21,200D$6.93837,155D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Edward Reginelli, Attorney-in-Fact06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did BTGO CEO Michael Belshe report in this Form 4 filing?

Michael Belshe reported that 21,200 BTGO Class A shares were withheld to cover taxes on vested restricted stock units. This automatic disposition satisfied tax liabilities and did not involve an open-market purchase or sale of shares.

How many BitGo (BTGO) shares were withheld for taxes and at what price?

The issuer withheld 21,200 shares of BTGO Class A Common Stock at $6.93 per share. These shares were used to satisfy tax withholding obligations arising from the net settlement of restricted stock units awarded to Michael Belshe.

Is the BTGO Form 4 transaction by Michael Belshe an open-market sale?

No, the transaction is not an open-market sale. The Form 4 shows shares withheld by the issuer to cover tax liabilities from restricted stock units, a standard administrative process rather than a discretionary sale in the market.

How many BTGO shares does Michael Belshe hold after this Form 4 transaction?

After the tax-withholding disposition, Michael Belshe directly holds 837,155 shares of BitGo Class A Common Stock. This figure reflects his remaining direct ownership following the issuer’s withholding of 21,200 shares for tax obligations.

What does transaction code F mean in the BTGO Form 4?

Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. In this BTGO filing, it reflects shares withheld by the issuer to satisfy tax withholding obligations connected to the net settlement of restricted stock units.