[Form 4] Bitcoin Depot Inc. Warrant Insider Trading Activity
Christopher Scott Buchanan, Chief Operating Officer and Director of Bitcoin Depot Inc. (ticker shown as BTM/BTMWW in metadata), reported the sale of 22,000 shares of Class A common stock on 08/14/2025. The sale was executed under a Rule 10b5-1 trading plan established on April 8, 2025, and the weighted-average price for the transactions was $4.2123, with individual trade prices ranging from $4.14 to $4.32.
Following the reported dispositions, Buchanan beneficially owns 147,276 shares of Class A common stock. The Form 4 is filed by one reporting person and is signed and dated 08/18/2025. The filer indicates willingness to provide transaction-level price breakdowns on request.
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Insights
TL;DR: Insider sale was made under a pre-established 10b5-1 plan; filings show compliance with trading rules and post-sale holdings.
The Form 4 discloses a voluntary sale of 22,000 Class A shares by the company's COO and director under a Rule 10b5-1 plan entered April 8, 2025. Use of a documented trading plan typically indicates pre-planned disposition rather than opportunistic trading; the reporting person also affirms availability of detailed execution prices. The filing clearly reports post-transaction beneficial ownership of 147,276 shares, which is relevant for governance transparency and insider ownership metrics.
TL;DR: The transaction is a routine insider disposition under a 10b5-1 plan; impact on capitalization is limited given disclosed share counts.
The weighted-average sale price reported is $4.2123 for 22,000 shares sold across prices from $4.14 to $4.32. The filing does not indicate derivative transactions or other related events. Because the sale was executed under a documented plan and the remaining beneficial ownership is disclosed, the disclosure meets regulatory expectations; the filing itself contains no earnings, debt, or operational metrics to assess broader corporate impact.