Bitcoin Depot Insider Sale: 22,000 Shares Disposed via 10b5-1 at $4.21

Rhea-AI Filing Summary

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.

Insights

Corporate Governance Expert

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.

Securities Analyst

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.

Insider Trade Summary

Net Seller: 22,000 shares ($92,671)

Net Sell 1 txn

Insider Buchanan Christopher Scott

Role Chief Operating Officer

Sold 22,000 shs ($93K)

Type	Security	Shares	Price	Value
Sale	Class A common stock	22,000	$4.2123	$93K

Holdings After Transaction: Class A common stock — 147,276 shares (Direct)

Footnotes (1)

1. The sale of stock reflected in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on April 8, 2025. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on August 14, 2025 at prices ranging from $4.14 to $4.32, 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 range set forth in this Form 4.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/18/2025 - 04:29 PM Learn about SEC filing dates

FAQ

What did Christopher Scott Buchanan sell according to the Form 4?

The Form 4 reports the sale of 22,000 shares of Class A common stock on 08/14/2025.

At what price were the shares sold in the Form 4 filed for BTMWW?

The weighted-average price reported is $4.2123, with individual trade prices ranging from $4.14 to $4.32.

Was the sale part of a trading plan or a one-off transaction?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan established on April 8, 2025.

How many shares does the reporting person own after the sale?

After the reported transactions, the filing discloses beneficial ownership of 147,276 Class A shares.

Who filed the Form 4 and what is their role at the company?

The Form 4 was filed by Christopher Scott Buchanan, who is reported as Chief Operating Officer and a Director.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Buchanan Christopher Scott

(Last) (First) (Middle)

C/O BITCOIN DEPOT INC.,

3343 PEACHTREE ROAD NE, SUITE 750

(Street)

ATLANTA GA 30326

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bitcoin Depot Inc. [ BTM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	08/14/2025		S(1)		22,000	D	$4.2123(2)	147,276	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sale of stock reflected in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on April 8, 2025.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions on August 14, 2025 at prices ranging from $4.14 to $4.32, 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 range set forth in this Form 4.

	/s/ Christopher Scott Buchanan	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.