Bitcoin Depot (BTM) director logs tax withholding of 29,844 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bitcoin Depot Inc. director Brandon Taylor Mintz reported a routine tax-related share disposition. On settlement of vested restricted stock units, 29,844 shares of Class A Common Stock were withheld at $2.18 per share to cover tax obligations, not through an open-market sale. After this withholding, he directly holds 88,985 Class A shares and indirectly holds 5,406,586 Class M shares through BD Investment Holdings II LLC, where he controls voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mintz Brandon Taylor
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 29,844 | $2.18 | $65K |
| holding | Class M Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 88,985 shares (Direct);
Class M Common Stock — 5,406,586 shares (Indirect, By BD Investment Holdings II LLC)
Footnotes (1)
- Represents Class A Common Shares withheld, pursuant to Issuer policy, to satisfy tax withholding obligations upon the settlement of vested Restricted Stock Units. Does not reflect a discretionary transaction nor an open market sale of securities. Mr. Mintz is the sole managing member of BD Investment Holdings II LLC and controls voting and dispositive power over the shares held by such entity.
Key Figures
Tax-withheld shares: 29,844 shares
Withholding price: $2.18 per share
Direct Class A holdings: 88,985 shares
+2 more
5 metrics
Tax-withheld shares
29,844 shares
Class A Common Stock withheld to satisfy tax obligations
Withholding price
$2.18 per share
Value used for tax-withholding disposition of Class A shares
Direct Class A holdings
88,985 shares
Class A Common Stock held directly after transaction
Indirect Class M holdings
5,406,586 shares
Class M Common Stock held via BD Investment Holdings II LLC
Tax-withholding transactions
1 transaction, 29,844 shares
Summary of tax withholding activity in this Form 4
Key Terms
Restricted Stock Units, tax withholding obligations, Class A Common Stock, Class M Common Stock, +1 more
5 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
"to satisfy tax withholding obligations upon the settlement"
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.
Class M Common Stock financial
"Represents Class M Common Stock held indirectly"
dispositive power financial
"controls voting and dispositive power over the shares held"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What insider transaction did Bitcoin Depot (BTM) report for Brandon Taylor Mintz?
Bitcoin Depot reported a tax-withholding share disposition for director Brandon Taylor Mintz. The company withheld 29,844 Class A shares upon settlement of vested restricted stock units to satisfy tax obligations, rather than executing an open-market sale of stock.
What is BD Investment Holdings II LLC’s role in Bitcoin Depot (BTM) ownership?
BD Investment Holdings II LLC holds 5,406,586 Class M shares of Bitcoin Depot Inc. Brandon Taylor Mintz is the sole managing member of this entity and controls voting and dispositive power over the shares that BD Investment Holdings II LLC owns in the company.
What type of securities are involved in Brandon Taylor Mintz’s Bitcoin Depot holdings?
Mintz holds both Class A and Class M Bitcoin Depot shares. He directly owns 88,985 Class A Common Stock shares and indirectly owns 5,406,586 Class M Common Stock shares through BD Investment Holdings II LLC, over which he has voting and dispositive control.