STOCK TITAN

BitGo Holdings (NYSE: BTGO) COO reports modest share sales to cover RSU taxes

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

Rhea-AI Filing Summary

BITGO HOLDINGS, INC. Chief Operating Officer Jody Mettler reported several small transactions in Class A Common Stock. On July 8, 2026, Mettler executed an open-market sale of 66 shares at a weighted-average price of $4.9737 per share, and on June 11, 2026 sold 79 shares at a weighted-average price of $5.1189 per share. Footnotes state these sales were conducted under a “sell to cover” arrangement to fund tax withholding obligations tied to the vesting and settlement of restricted stock units. Earlier, on April 6, 2026 and May 6, 2026, a total of 218 shares were withheld by the issuer to satisfy tax liabilities related to RSU net settlements. After these transactions, Mettler directly holds 38,470 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.

Insights

Small, tax-driven trades tied to RSU vesting; limited signaling value.

COO Jody Mettler reported modest activity in BITGO HOLDINGS, INC. stock, primarily linked to equity compensation. Two open-market sales totaling 145 shares at weighted-average prices of $4.9737 and $5.1189 were explicitly described as “sell to cover” transactions to meet tax withholding from vested RSUs.

In addition, 218 shares were withheld by the issuer on April 6, 2026 and May 6, 2026 to satisfy tax liabilities from RSU net settlements, coded as F-type tax-withholding dispositions. Following these events, Mettler still directly owns 38,470 shares, indicating the transactions represent a small fraction of the reported holdings and appear largely administrative rather than discretionary portfolio moves.

Insider Mettler Jody
Role Chief Operating Officer
Sold 145 shs ($732.66)
Type Security Shares Price Value
Sale Class A Common Stock 66 $4.9737 $328.26
Sale Class A Common Stock 79 $5.1189 $404.39
Tax Withholding Class A Common Stock 74 $11.87 $878.38
Tax Withholding Class A Common Stock 144 $8.41 $1K
Holdings After Transaction: Class A Common Stock — 38,470 shares (Direct, null)
Footnotes (1)
  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 ("RSUs"). The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $5.02 to $5.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein with regard to the block trades.
Shares sold July 8, 2026 66 shares at $4.9737 per share Open-market sale of Class A Common Stock on July 8, 2026
Shares sold June 11, 2026 79 shares at $5.1189 per share Open-market sale of Class A Common Stock on June 11, 2026
Tax-withholding shares 218 shares Shares withheld on April 6 and May 6, 2026 to satisfy RSU tax liabilities
Post-transaction holdings 38,470 shares Directly owned Class A Common Stock following reported transactions
Price range for block trades $5.02 to $5.19 per share Range of prices for weighted-average sales disclosed in footnote
restricted stock units ("RSUs") financial
"in connection with the net settlement of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell to cover financial
"to be funded by a "sell to cover" transaction."
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported in this line item is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
block trades financial
"These shares were sold as part of block trades for multiple security holders"
A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.
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FAQ

What insider transactions did BTGO COO Jody Mettler report on this Form 4?

COO Jody Mettler reported two open-market sales totaling 145 shares of Class A Common Stock and two tax-withholding events totaling 218 shares, all tied to RSU vesting and related tax obligations.

How many BTGO shares did Jody Mettler sell in the open market?

Mettler sold 66 shares on July 8, 2026 at $4.9737 per share and 79 shares on June 11, 2026 at $5.1189 per share, both described as “sell to cover” tax-related transactions.

What was the purpose of Jody Mettler’s BTGO stock sales and withholdings?

The filing states the sales and withholdings were to cover tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs), using issuer share withholding and “sell to cover” block trades.

How many BTGO shares does Jody Mettler own after these transactions?

After the reported sales and tax-withholding dispositions, Jody Mettler directly owns 38,470 shares of BITGO HOLDINGS, INC. Class A Common Stock, according to the post-transaction holdings reported.

What does the weighted-average price disclosure mean in the BTGO Form 4?

The filing notes the reported prices are weighted average prices from block trades for multiple security holders, with actual sale prices ranging from $5.02 to $5.19 per share for the covered transactions.
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*
Mettler Jody

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026
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 Stock04/06/2026F(1)144D$8.4138,689D
Class A Common Stock05/06/2026F(1)74D$11.8738,615D
Class A Common Stock06/11/2026S(2)79D$5.1189(3)38,536D
Class A Common Stock07/08/2026S(2)66D$4.973738,470D
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 ("RSUs").
2. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
3. The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $5.02 to $5.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein with regard to the block trades.
/s/ Edward Reginelli, Attorney-in-Fact07/10/2026
** 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)