Bitcoin Depot (BTM) CEO Buchanan sells 7,000 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Bitcoin Depot Inc. Chief Executive Officer and director Christopher Scott Buchanan reported a small planned stock sale. On 02/02/2026, he sold 7,000 shares of Class A common stock at $1.02 per share and continued to beneficially own 605,276 shares directly afterward.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan that Buchanan entered into on April 8, 2025, which allows for automatic trades according to preset instructions.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,000 | $1.02 | $7K |
Footnotes (1)
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FAQ
What insider transaction did Bitcoin Depot (BTM) report for its CEO?
Bitcoin Depot’s CEO reported a small planned stock sale. Christopher Scott Buchanan sold 7,000 shares of Class A common stock on 02/02/2026 at $1.02 per share and still held 605,276 shares directly after the transaction.
Was the Bitcoin Depot (BTM) CEO’s stock sale under a Rule 10b5-1 plan?
Yes, the CEO’s sale was made under a Rule 10b5-1 plan. The filing states the 7,000-share sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by Christopher Scott Buchanan on April 8, 2025.
What role does Christopher Scott Buchanan hold at Bitcoin Depot (BTM)?
Christopher Scott Buchanan is both CEO and a director of Bitcoin Depot. The Form 4 identifies him as Chief Executive Officer and a member of the board of directors of Bitcoin Depot Inc., reflecting his dual leadership and governance responsibilities.
Is the Bitcoin Depot (BTM) CEO’s Form 4 sale a direct ownership transaction?
Yes, the reported Bitcoin Depot sale involves directly held shares. The Form 4 shows the 7,000 Class A common shares were sold with ownership coded as “D” for direct, and the 605,276 shares remaining after the transaction are also reported as directly owned.