Bitcoin Depot (BTM) CEO sells 7,000 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Bitcoin Depot Inc. insider trading report: Chief Executive Officer and director Christopher Scott Buchanan reported selling 7,000 shares of Bitcoin Depot Class A common stock in an open-market transaction on January 7, pursuant to a prearranged Rule 10b5-1 trading plan entered into on April 8, 2025. The sale was executed at a weighted average price of $1.29 per share, with individual trades occurring between $1.29 and $1.31. After this transaction, Buchanan directly beneficially owns 612,276 shares of Bitcoin Depot Inc. common stock.
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FAQ
What insider transaction did Bitcoin Depot (BTM) report in this Form 4?
Bitcoin Depot Inc. reported that Chief Executive Officer and director Christopher Scott Buchanan sold 7,000 shares of Class A common stock in an open-market transaction on January 7.
At what price did the Bitcoin Depot (BTM) CEO sell shares?
The sale was reported at a weighted average price of $1.29 per share. The shares were sold in multiple transactions at prices ranging from $1.29 to $1.31.
How many Bitcoin Depot (BTM) shares does the CEO own after this sale?
After the reported transaction, Christopher Scott Buchanan beneficially owns 612,276 shares of Bitcoin Depot Inc. Class A common stock directly.
Was the Bitcoin Depot CEO’s stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan that the reporting person entered into on April 8, 2025.
Who is the reporting person in this Bitcoin Depot (BTM) Form 4?
The reporting person is Christopher Scott Buchanan, who is both a director and the Chief Executive Officer of Bitcoin Depot Inc.
Does the Form 4 provide details on the individual trade prices for Bitcoin Depot shares?
The filing notes that shares were sold at prices between $1.29 and $1.31 and states that the reporting person will provide full information on the number of shares sold at each separate price upon request.