Bitcoin Depot (BTM) CFO’s RSU tax withholding covers 7,322 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bitcoin Depot Inc. Chief Financial Officer reports tax withholding share disposition. CFO Gray David McLaughlin had 7,322 shares of Class A Common Stock withheld at $2.18 per share to cover tax obligations tied to vested Restricted Stock Units.
According to the filing footnote, this was not a discretionary trade or open-market sale, but an automatic withholding under company policy. After this transaction, McLaughlin directly holds 21,248 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gray David McLaughlin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,322 | $2.18 | $16K |
Holdings After Transaction:
Class A Common Stock — 21,248 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,322 shares
Withholding price per share: $2.18 per share
Shares held after transaction: 21,248 shares
3 metrics
Shares withheld for taxes
7,322 shares
Class A Common Stock withheld to satisfy RSU tax obligations
Withholding price per share
$2.18 per share
Value used for 7,322 withheld shares
Shares held after transaction
21,248 shares
CFO’s direct Class A Common Stock holdings following tax withholding
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, Form 4
4 terms
Restricted Stock Units financial
"upon the settlement of vested Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld, pursuant to Issuer policy, to satisfy tax withholding obligations"
Class A Common Stock financial
"Represents Class A Common Shares withheld, pursuant to Issuer policy"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Bitcoin Depot (BTM) disclose for its CFO?
Bitcoin Depot’s CFO, Gray David McLaughlin, reported a tax-related share disposition. The company withheld 7,322 Class A Common Stock shares to satisfy tax obligations from vested Restricted Stock Units, rather than executing a discretionary open-market sale of shares.
Was the Bitcoin Depot (BTM) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld under company policy to cover tax liabilities upon settlement of vested Restricted Stock Units, as noted in the footnote, and therefore did not involve a discretionary trading decision by the CFO.
What does the Form 4 footnote say about the Bitcoin Depot (BTM) CFO’s transaction?
The footnote explains the 7,322 shares represent Class A Common Stock withheld to satisfy tax withholding obligations on vested Restricted Stock Units and clarifies this was not a discretionary transaction or an open-market sale of Bitcoin Depot securities by the CFO.