Bitcoin Depot GC awarded 99,010 RSUs
Ryan Christopher M. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ryan Christopher M. reported acquisition or exercise transactions in this Form 4 filing.
Bitcoin Depot Inc. reported that its General Counsel and Corporate Secretary, Ryan Christopher M., received a grant of 99,010 shares of Class A Common Stock in the form of restricted stock units. These units were granted at no cash cost and represent equity-based compensation.
According to the award terms, 33% of the restricted stock units will vest on March 30, 2027. An additional 8.375% will vest on each of the first eight quarterly anniversaries of that date, so all units are scheduled to be fully vested by March 30, 2029, assuming his continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 99,010 shares
Grant/Award
1 txn
Insider
Ryan Christopher M.
Role
General Counsel & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 99,010 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 99,010 shares (Direct)
Footnotes (1)
- F1. Represents a grant of Restricted Stock Units, (a) 33% of which will vest on March 30, 2027 and (b) an additional 8.375% on each of the first eight quarterly anniversaries of such date, such that the restricted stock units will be fully vested on March 30, 2029, subject to Mr. Ryan's continued employment through each such date, except as provided in the award agreement documenting such award.
Key Figures
RSU grant size: 99,010 units
Grant price per unit: $0.00 per share
Initial vesting: 33%
+3 more
6 metrics
RSU grant size
99,010 units
Restricted stock units tied to Class A Common Stock granted to General Counsel
Grant price per unit
$0.00 per share
Compensation award, not an open-market purchase
Initial vesting
33%
Portion of RSUs vesting on March 30, 2027
Subsequent vesting tranches
8.375% each
Vests on each of the first eight quarterly anniversaries after March 30, 2027
Final vesting date
March 30, 2029
Date by which all RSUs are scheduled to be fully vested
Shares following transaction
99,010 shares
Direct holdings reported after RSU grant
Key Terms
Restricted Stock Units, vesting, quarterly anniversaries, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Represents a grant of Restricted Stock Units, (a) 33% of which will vest"
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.
vesting financial
"33% of which will vest on March 30, 2027 and (b) an additional 8.375%"
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.
quarterly anniversaries financial
"an additional 8.375% on each of the first eight quarterly anniversaries"
Class A Common Stock financial
"security_title: "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.
equity-based compensation financial
"Represents a grant of Restricted Stock Units"
Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bitcoin Depot (BTM) report for Ryan Christopher M.?
Bitcoin Depot reported that General Counsel and Corporate Secretary Ryan Christopher M. received 99,010 restricted stock units of Class A Common Stock as equity compensation. The grant was recorded at a price of $0.00 per share, reflecting a compensation award rather than a market purchase.
What is the vesting schedule for the 99,010 Bitcoin Depot (BTM) RSUs?
The award vests in stages: 33% of the restricted stock units vest on March 30, 2027. Then 8.375% vest on each of the first eight quarterly anniversaries of that date, so the entire 99,010-unit grant becomes fully vested by March 30, 2029, subject to continued employment.
What type of security was granted in this Bitcoin Depot (BTM) Form 4?
The filing identifies the security as Class A Common Stock, and the footnote clarifies it represents a grant of restricted stock units. These RSUs convert into shares as they vest, with 33% vesting on March 30, 2027 and the remainder vesting quarterly through March 30, 2029.
How is the Bitcoin Depot RSU grant to Ryan Christopher M. conditioned?
The restricted stock unit grant is subject to a service-based condition. Vesting through March 30, 2029 requires Mr. Ryan’s continued employment through each vesting date, except as otherwise provided in the award agreement that documents the terms of this RSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
