STOCK TITAN

BitGo (BTGO) COO acquires 10,000 shares through option exercise

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

Rhea-AI Filing Summary

BitGo Holdings, Inc. Chief Operating Officer Jody Mettler exercised stock options for 10,000 Class A shares on July 21, 2025 at an exercise price of $0.21 per share. The option exercise, coded as transaction type “M,” increased Mettler’s directly held Class A Common Stock to 50,000 shares. Following the transaction, Mettler also directly held 155,000 stock options with a $0.21 exercise price.

The filing notes that the transaction occurred before BitGo registered a class of equity securities under Section 12 of the Exchange Act in connection with its initial public offering and is reported under Rule 16a-2(a). The underlying option award vested 25% on April 15, 2024, with the remaining 75% scheduled to vest in equal monthly installments, subject to Mettler’s continued service with the company.

Positive

  • None.

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SEC Form 4
FORM 4 UNITED 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 SD 57103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BITGO HOLDINGS, INC. [ BTGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 07/21/2025(1) M 10,000 A $0.21 50,000 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $0.21 07/21/2025(1) M 10,000 (2) 05/11/2033 Class A Common Stock 10,000 $0 155,000 D
Explanation of Responses:
1. The transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Exchange Act in connection with the Issuer's initial public offering, and the transaction is reported herein pursuant to Rule 16a-2(a).
2. The options vested as to 25% of the award, from which certain shares have been previously exercised, on April 15, 2024. 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.
/s/ Edward Reginelli, Attorney-in-Fact 01/23/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did BitGo (BTGO) report for its COO?

BitGo reported that Chief Operating Officer Jody Mettler exercised stock options for 10,000 shares of Class A Common Stock on July 21, 2025, at an exercise price of $0.21 per share, coded as transaction type “M.”

How many BitGo (BTGO) shares does the COO own after this Form 4 transaction?

After the reported transaction, Chief Operating Officer Jody Mettler directly beneficially owns 50,000 shares of BitGo Holdings, Inc. Class A Common Stock.

What options does the BitGo (BTGO) COO hold following the reported transaction?

Following the transaction, Chief Operating Officer Jody Mettler directly holds 155,000 stock options with an exercise price of $0.21 per option, each relating to BitGo Class A Common Stock.

Why does this BitGo (BTGO) Form 4 mention the company’s initial public offering?

The filing explains that the transaction occurred before BitGo registered a class of equity securities under Section 12 of the Exchange Act in connection with its initial public offering, and is therefore being reported under Rule 16a-2(a).

How do the BitGo (BTGO) COO’s options vest according to this Form 4?

The options vested as to 25% of the award on April 15, 2024, with some of those shares previously exercised. The remaining 75% will vest in equal monthly installments until 100% vested, subject to the COO’s continued service on each vesting date.

What is the relationship of the reporting person to BitGo (BTGO)?

The reporting person on this Form 4, Jody Mettler, is an officer of BitGo Holdings, Inc., serving as the company’s Chief Operating Officer.

BitGo Holdings, Inc.

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