BTM insider transactions: 349,736 shares sold at $2.49–$2.70
Rhea-AI Filing Summary
Bitcoin Depot (BTM) reported insider transactions by CEO and Director Brandon Mintz under a Rule 10b5-1 trading plan. On November 3–5, 2025, entities affiliated with Mr. Mintz converted and sold shares in three tranches: 92,210 on November 3, 88,559 on November 4, and 168,967 on November 5, for a total of 349,736 shares. These were Class M Common Stock automatically converted to Class A Common Stock upon sale.
Weighted average sale prices were $2.57 on November 3, $2.49 on November 4, and $2.70 on November 5, with disclosed daily ranges of $2.51–$2.68, $2.45–$2.58, and $2.50–$2.80, respectively. The transactions were effected pursuant to a Rule 10b5-1 plan entered on May 31, 2025, and were reported as indirect through BD Investment Holdings II LLC. A remark clarifies prior reporting: an earlier filing related to the unwind of the issuer’s former Up‑C structure misattributed certain holdings and omitted Mr. Mintz’s direct beneficial ownership of 178,166 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class M Common Stock | 168,967 | $0.00 | -- |
| Conversion | Class A Common Stock | 168,967 | $0.00 | -- |
| Sale | Class A Common Stock | 168,967 | $2.70 | $456K |
| Conversion | Class M Common Stock | 88,559 | $0.00 | -- |
| Conversion | Class A Common Stock | 88,559 | $0.00 | -- |
| Sale | Class A Common Stock | 88,559 | $2.49 | $221K |
| Conversion | Class M Common Stock | 92,210 | $0.00 | -- |
| Conversion | Class A Common Stock | 92,210 | $0.00 | -- |
| Sale | Class A Common Stock | 92,210 | $2.57 | $237K |
Footnotes (1)
- The sales of stock reflected in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Persons on May 31, 2025. The sales price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on (i) November 3, 2025 at prices ranging from $2.51 to $2.68, (ii) on November 4, 2025 at prices ranging from $2.45 to $2.58 and (iii) on November 5, 2025 at prices ranging from $2.50 to $2.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. The Class M Common Stock is convertible into an equal number of shares of Class A Common Stock upon the transfer by any Reporting Person to a person or entity unaffiliated with Mr. Mintz, and has no expiration date. Pursuant to the Rule 10b5-1 Plan entered into by the Reporting Person on May 31, 2025, an aggregate of 349,736 shares of Class M Common Stock were sold on the dates noted above, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sales. 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.
