Director Joel Gallo receives 1,083 BitVentures (BVC) shares as equity award

Rhea-AI Filing Summary

BitVentures Ltd director receives equity award. Director Joel Adalberto Gallo acquired 1,083 Ordinary Shares of BitVentures Ltd on a grant basis, at a price of $0.00 per share. These shares were issued upon vesting of awards granted under the company’s 2020 Equity Incentive Plan, bringing his direct holdings to 1,083 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gallo Joel Adalberto

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	1,083	$0.00	--

Holdings After Transaction: Ordinary Shares — 1,083 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,083 shares Grant price: $0.00 per share Shares held after grant: 1,083 shares

3 metrics

Shares granted 1,083 shares Ordinary Shares granted on 2026-05-11

Grant price $0.00 per share Equity award, non-market acquisition

Shares held after grant 1,083 shares Total direct holdings following transaction

Key Terms

Ordinary Shares, 2020 Equity Incentive Plan, vesting, Grant, award, or other acquisition

4 terms

Ordinary Shares financial

"Represents ordinary shares issued upon vesting of awards granted under the Issuer's 2020 Equity Incentive Plan."

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

2020 Equity Incentive Plan financial

"awards granted under the Issuer's 2020 Equity Incentive Plan."

vesting financial

"Represents ordinary shares issued upon vesting of awards granted under the Issuer's 2020 Equity Incentive Plan."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Gallo Joel Adalberto

(Last) (First) (Middle)

88 JIAJIE ROAD

QINGPU DISTRICT

(Street)

SHANGHAI 201799

(City) (State) (Zip)

CHINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
BitVentures Ltd [ BVC ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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

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

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

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
Ordinary Shares	05/11/2026		A		1,083(1)	A	$0	1,083	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. Represents ordinary shares issued upon vesting of awards granted under the Issuer's 2020 Equity Incentive Plan.

	/s/ Joel A. GALLO	05/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did BitVentures (BVC) director Joel Gallo report on this Form 4?

Director Joel Adalberto Gallo reported receiving 1,083 Ordinary Shares of BitVentures Ltd. The shares were acquired as an equity award, not purchased on the market, and resulted from vesting under the company’s 2020 Equity Incentive Plan.

Was the BitVentures (BVC) Form 4 transaction a market purchase or sale?

The Form 4 transaction was not a market purchase or sale. It reflects a grant or award acquisition of 1,083 Ordinary Shares at $0.00 per share, issued upon vesting of existing awards under BitVentures’ 2020 Equity Incentive Plan.

How many BitVentures (BVC) shares does Joel Gallo hold after this Form 4?

After the reported transaction, Joel Adalberto Gallo directly holds 1,083 Ordinary Shares of BitVentures Ltd. All of these shares stem from the most recent vesting of equity awards, as disclosed in the Form 4 filing for this grant event.

What is the price per share for the BitVentures (BVC) equity award reported?

The equity award to Joel Adalberto Gallo was reported at $0.00 per share. This indicates a compensation-related share grant rather than an open-market trade, consistent with vesting of awards under the BitVentures 2020 Equity Incentive Plan.

What plan governed the BitVentures (BVC) shares granted to Joel Gallo?

The 1,083 Ordinary Shares issued to Joel Adalberto Gallo were granted under BitVentures Ltd’s 2020 Equity Incentive Plan. The Form 4 notes they were issued upon vesting of prior awards, reflecting standard equity compensation for a company director.