BitGo (BTGO) director Murray Brian converts 1,675 preferred shares to Class A
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BitGo Holdings director Murray Brian reported a share conversion. On January 23, 2026, he converted 1,675 shares of Series B-3 Preferred Stock into 1,675 shares of Class A Common Stock at a stated price of $0 per share.
After this transaction, he directly owned 3,109 shares of Class A Common Stock. The filing notes that each series of the company’s preferred stock automatically converts into Class A Common Stock upon the closing of BitGo’s initial public offering and has no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,675 shares exercised/converted
Mixed
2 txns
Insider
Murray Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series B-3 Preferred Stock | 1,675 | $0.00 | -- |
| Conversion | Class A Common Stock | 1,675 | $0.00 | -- |
Holdings After Transaction:
Series B-3 Preferred Stock — 0 shares (Direct);
Class A Common Stock — 3,109 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BTGO director Murray Brian report on this Form 4?
Director Murray Brian reported converting 1,675 shares of Series B-3 Preferred Stock into 1,675 shares of BitGo Class A Common Stock. The transaction was coded “C” for conversion and carried a stated price of $0 per share in the disclosure.
What type of security did Murray Brian convert into BitGo (BTGO) Class A Common Stock?
He converted shares of Series B-3 Preferred Stock into BitGo Class A Common Stock. Specifically, 1,675 derivative securities labeled as Series B-3 Preferred Stock were converted into 1,675 underlying Class A shares, with the derivative position shown as zero afterward.
What does the BitGo (BTGO) Form 4 say about preferred stock conversion terms?
The disclosure states that each share of the company’s listed preferred stock series automatically converts into one share of Class A Common Stock upon the closing of BitGo’s initial public offering. These preferred shares have no expiration date under the terms described.
Is the reported BitGo (BTGO) insider transaction a purchase or a sale?
The transaction is reported as a conversion, not an open-market purchase or sale. Code “C” indicates an exchange of 1,675 Series B-3 Preferred shares into 1,675 Class A Common shares at a stated price of $0, with ownership remaining direct.
What role does Murray Brian hold at BitGo (BTGO) according to this filing?
Murray Brian is identified as a director of BitGo Holdings, Inc. The relationship section of the disclosure indicates he is a director, not an officer or ten percent owner, and the Form 4 is filed for him as a single reporting person.