Richard Busch buys 68,000 American Bitcoin Corp. (ABTC) shares
Rhea-AI Filing Summary
American Bitcoin Corp. director Richard Busch reported an open-market purchase of 68,000 shares of Class A Common Stock on March 5, 2026, at a weighted average price of $1.15 per share. Following this transaction, he directly owns 1,398,975 shares of the company.
The reported purchase price is a weighted average, and Busch has committed to provide the detailed breakdown of shares bought at each individual price level upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 68,000 shares
Net Buy
1 txn
Insider
Busch Richard
Role
Director
Bought
68,000 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 68,000 | $1.15 | $78K |
Holdings After Transaction:
Class A Common Stock — 1,398,975 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. 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 purchased at each separate price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Richard Busch report for ABTC?
Richard Busch reported buying 68,000 shares of American Bitcoin Corp. Class A Common Stock. The shares were purchased in an open-market transaction at a weighted average price of $1.15 per share, increasing his directly held stake to 1,398,975 shares after the trade.
What type of transaction did Richard Busch execute in the latest ABTC Form 4?
The transaction was an open-market purchase of American Bitcoin Corp. Class A Common Stock. Richard Busch acquired 68,000 shares in the market, coded as a “P” transaction, with the filing describing it as a purchase in an open market or private transaction under applicable reporting rules.