[Form 4] Fold Holdings, Inc. Warrant Insider Trading Activity

Rhea-AI Filing Summary

Bracebridge H. Young Jr., a director of Fold Holdings, Inc. (FLD), filed a Form 4 disclosing insider transactions on 08/19/2025. The filing shows a purchase of 7,700 shares of common stock at a weighted-average price of $3.8534 (individual trade prices ranged from $3.76 to $4.01). The Form 4 also reports a disposition of 189,787 common shares. After the reported purchase, the reporting person beneficially owned 15,000 shares indirectly through the Bracebridge H. Young, Jr. 1999 Family Trust, for which he serves as investment advisor. The Form 4 is signed 08/21/2025.

Positive

• None.

Negative

• Large disposition disclosed: The Form 4 reports a sale/disposition of 189,787 common shares, which is a material number of shares disclosed on the filing.
• Net reported holdings decreased: After the transactions the reporting person reports only 15,000 shares beneficially owned indirectly, indicating a significant reduction in reported indirect holdings.

Insights

Financial Analyst

TL;DR Insider reported a small purchase but a much larger sale, indicating a net decrease in reported holdings that may matter to investors.

The Form 4 discloses a 7,700-share purchase at a weighted-average price of $3.8534 and a simultaneous disposition of 189,787 shares. The purchase price range ($3.76–$4.01) is provided. Following the transactions the reporting person holds 15,000 shares indirectly via the 1999 Family Trust. From a market perspective, the large disclosed sale is potentially material because it represents a substantial number of shares relative to the single purchase, but the filing does not state aggregate prior holdings or percentages of outstanding shares, so the precise impact on ownership percentage or vote control cannot be determined from this Form 4 alone.

Corporate Governance Expert

TL;DR Form 4 is timely and provides required disclosure; transactions include both acquisition and significant disposition held through a family trust.

The filing properly identifies the reporting person as a director and discloses indirect ownership through an irrevocable family trust for which he is investment advisor. The explanation clarifies the weighted-average purchase price and the trust relationship. This is a routine Section 16 disclosure that meets reporting requirements; however, the large disposal disclosed could raise governance questions among shareholders about insider intent, though no intent or plan is stated in the document.

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
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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^*

Young Bracebridge H Jr

(Last) (First) (Middle)

C/O FOLD HOLDINGS, INC.,

11201 NORTH TATUM BLVD, STE 300 #42035

(Street)

PHOENIX AZ 85028-6039

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fold Holdings, Inc. [ FLD ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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
Common Stock	08/19/2025		P		7,700	A	$3.8534(1)	15,000	I	By 1999 Family Trust(2)
Common Stock								189,787	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 a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $3.76 to $4.01, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

2. The shares are held of record by the Bracebridge H. Young, Jr. 1999 Family Trust (the "1999 Family Trust"), an irrevocable trust for which the Reporting Person serves as an investment advisor, and of which the Reporting Person's immediate family members are beneficiaries.

	/s/ Bracebridge H. Young, Jr.	08/21/2025
	** 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.

FAQ

What did Bracebridge H. Young Jr. report on the Form 4 for Fold Holdings (FLD)?

The Form 4 reports a purchase of 7,700 common shares at a weighted-average price of $3.8534 and a disposition of 189,787 common shares on 08/19/2025.

How many Fold Holdings shares does the reporting person beneficially own after the transaction?

Following the reported transactions the reporting person beneficially owned 15,000 shares indirectly through the Bracebridge H. Young, Jr. 1999 Family Trust.

What price range was paid for the purchased shares in the Form 4?

The purchased shares were bought in multiple transactions at prices ranging from $3.76 to $4.01, with a weighted-average price of $3.8534.

What is the relationship between the reporting person and the shares held in the trust?

The shares are held of record by the Bracebridge H. Young, Jr. 1999 Family Trust, an irrevocable trust for which the reporting person serves as investment advisor and whose immediate family members are beneficiaries.

When was the Form 4 signed and filed?

The Form 4 is signed by Bracebridge H. Young, Jr. and dated 08/21/2025; the transactions are dated 08/19/2025.