BitGo Holdings (BTGO) CCO cash-settles 1,043 phantom stock units

Q: How many phantom stock units vested for BTGO’s Chief Compliance Officer?

A total of 1,043 phantom stock units vested for BTGO’s Chief Compliance Officer. These consisted of separate tranches of 261 and 782 units, each economically equivalent to one share of BitGo’s Class A common stock and settled in cash on July 24, 2026.

Q: What are phantom stock units in BTGO’s Form 4 filing?

BTGO’s Form 4 explains that each phantom stock unit is the economic equivalent of one share of Class A common stock. However, these awards are cash-settled restricted stock units , meaning they are settled in cash rather than by issuing actual shares when they vest.

Q: How many BTGO phantom stock units remain unvested for Jeff Peter Horowitz?

Following the reported vestings, 5,217 phantom stock units remain from one award and 23,445 units from another. These unvested units are scheduled to vest in substantially equal monthly installments through March 1, 2028 and December 18, 2028 , subject to continued service.

Q: Does this BTGO Form 4 reflect open-market sales of Class A common stock?

No. The Form 4 describes cash settlement of phantom stock units , which are cash-settled restricted stock units economically equivalent to Class A shares. The reported transactions relate to vesting and cash settlement of these units, rather than open-market trading of common stock.

Q: Do BTGO’s phantom stock awards for Horowitz have an expiration date?

The filing states that the phantom stock award does not expire . Instead, each unit either vests on its scheduled vesting date or is canceled before that date, with vesting remaining contingent on the executive’s continued service to BitGo Holdings.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Horowitz Jeff Peter reported disposition transactions in this Form 4 filing.

BitGo Holdings, Inc. reported that Chief Compliance Officer Jeff Peter Horowitz had phantom stock units, each representing the economic equivalent of one share of Class A common stock, vest on July 22, 2026 and settle for cash on July 24, 2026.

The vestings covered 261 and 782 phantom stock units from two cash-settled restricted stock unit awards. After these transactions, 5,217 and 23,445 units from the respective awards remain scheduled to vest in substantially equal monthly installments through March 1, 2028 and December 18, 2028, contingent on continued service; the awards do not expire but may be canceled before vesting.

Insider Trade Summary

1,043 shares exercised/converted

Exercise 2 txns

Insider Horowitz Jeff Peter

Role Chief Compliance Officer

Type	Security	Shares	Price	Value
Exercise	Phantom Stock Units (Cash-settled Restricted Stock Units) ^{F1, F2, F3}	261	--	--
Exercise	Phantom Stock Units (Cash-settled Restricted Stock Units) ^{F1, F4, F3}	782	--	--

Holdings After Transaction: Phantom Stock Units (Cash-settled Restricted Stock Units) — 28,662 shares (Direct)

Footnotes (4)

F1. Each phantom stock unit (each a "Unit") represents the economic equivalent of one share of the Issuer's Class A common stock. On July 24, 2026, certain Units held by the Reporting Person were settled for cash as described in footnotes (2) and (4) to this Form 4.
F2. The reported transaction represents the vesting of 261 Units on July 22, 2026, which transaction settled on July 24, 2026. The remaining 5,217 Units vest in substantially equal monthly installments through March 1, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
F3. This award does not expire; it either vests or is canceled prior to the vesting date.
F4. The reported transaction represents the vesting of 782 Units on July 22, 2026, which transaction settled on July 24, 2026. The remaining 23,445 Units vest in substantially equal monthly installments through December 18, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

Key Figures

Phantom units vested: 1,043 Units First award tranche vested: 261 Units Second award tranche vested: 782 Units +3 more

6 metrics

Phantom units vested 1,043 Units Total phantom stock units vested on July 22, 2026 and settled July 24, 2026

First award tranche vested 261 Units Vesting of 261 Units on July 22, 2026 from one phantom stock award

Second award tranche vested 782 Units Vesting of 782 Units on July 22, 2026 from another phantom stock award

First award unvested balance 5,217 Units Remaining Units vesting in substantially equal monthly installments through March 1, 2028

Second award unvested balance 23,445 Units Remaining Units vesting in substantially equal monthly installments through December 18, 2028

Economic equivalence per Unit 1 share of Class A common stock Each phantom stock unit represents the economic equivalent of one share

Key Terms

Phantom Stock Units (Cash-settled Restricted Stock Units), Class A common stock, vesting, settled for cash, +1 more

5 terms

Phantom Stock Units (Cash-settled Restricted Stock Units) financial

"Security title: Phantom Stock Units (Cash-settled Restricted Stock Units)"

Class A common stock financial

"represents the economic equivalent of one share of the Issuer's Class A common stock"

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.

vesting financial

"The reported transaction represents the vesting of 261 Units on July 22, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settled for cash financial

"Units held by the Reporting Person were settled for cash"

substantially equal monthly installments financial

"Units vest in substantially equal monthly installments through March 1, 2028"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 07:10 PM Accepted by SEC EDGAR 07/28/2026 - 07:09 PM

FAQ

What insider activity did BTGO report for Jeff Peter Horowitz?

BitGo Holdings (BTGO) reported that Chief Compliance Officer Jeff Peter Horowitz had phantom stock units vest and settle for cash. The transactions involved 261 and 782 units that vested on July 22, 2026 and were cash-settled on July 24, 2026.

How many phantom stock units vested for BTGO’s Chief Compliance Officer?

A total of 1,043 phantom stock units vested for BTGO’s Chief Compliance Officer. These consisted of separate tranches of 261 and 782 units, each economically equivalent to one share of BitGo’s Class A common stock and settled in cash on July 24, 2026.

What are phantom stock units in BTGO’s Form 4 filing?

BTGO’s Form 4 explains that each phantom stock unit is the economic equivalent of one share of Class A common stock. However, these awards are cash-settled restricted stock units, meaning they are settled in cash rather than by issuing actual shares when they vest.

How many BTGO phantom stock units remain unvested for Jeff Peter Horowitz?

Following the reported vestings, 5,217 phantom stock units remain from one award and 23,445 units from another. These unvested units are scheduled to vest in substantially equal monthly installments through March 1, 2028 and December 18, 2028, subject to continued service.

Does this BTGO Form 4 reflect open-market sales of Class A common stock?

No. The Form 4 describes cash settlement of phantom stock units, which are cash-settled restricted stock units economically equivalent to Class A shares. The reported transactions relate to vesting and cash settlement of these units, rather than open-market trading of common stock.

Do BTGO’s phantom stock awards for Horowitz have an expiration date?

The filing states that the phantom stock award does not expire. Instead, each unit either vests on its scheduled vesting date or is canceled before that date, with vesting remaining contingent on the executive’s continued service to BitGo Holdings.

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^*

Horowitz Jeff Peter

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Compliance Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units (Cash-settled Restricted Stock Units)	⁽¹⁾	07/22/2026		M			261	⁽²⁾	⁽³⁾	Class A Common Stock	261	⁽¹⁾	5,217	D
Phantom Stock Units (Cash-settled Restricted Stock Units)	⁽¹⁾	07/22/2026		M			782	⁽⁴⁾	⁽³⁾	Class A Common Stock	782	⁽¹⁾	23,445	D

Explanation of Responses:

1. Each phantom stock unit (each a "Unit") represents the economic equivalent of one share of the Issuer's Class A common stock. On July 24, 2026, certain Units held by the Reporting Person were settled for cash as described in footnotes (2) and (4) to this Form 4.

2. The reported transaction represents the vesting of 261 Units on July 22, 2026, which transaction settled on July 24, 2026. The remaining 5,217 Units vest in substantially equal monthly installments through March 1, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

3. This award does not expire; it either vests or is canceled prior to the vesting date.

4. The reported transaction represents the vesting of 782 Units on July 22, 2026, which transaction settled on July 24, 2026. The remaining 23,445 Units vest in substantially equal monthly installments through December 18, 2028, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

	/s/ Edward Reginelli, Attorney-in-Fact	07/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR