BitGo (BTGO) director Murray Brian converts 1,675 preferred shares to Class A
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
Net Buyer: 1,675 shares
Net Buy
2 txns
Insider
Murray Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series B-3 Preferred Stock | 1,675 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 1,675 | $0.00 | $0.00 |
Holdings After Transaction:
Series B-3 Preferred Stock — 0 shares (Direct);
Class A Common Stock — 3,109 shares (Direct)
Footnotes (1)
- F1. Each share of Series Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, Series B-1 Preferred Stock, Series B-2 Preferred Stock, Series B-3 Preferred Stock, Series C Preferred Stock, Series C-1 Preferred Stock and Series C-2 Preferred Stock will automatically convert into 1 share of the Issuer's Class A Common Stock immediately upon the closing of the Issuer's initial public offering and has no expiration date.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
