Big Digital Energy (BGDE) CFO exercises 23,923 RSUs with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Big Digital Energy, Inc. Chief Financial Officer William C. Regan exercised equity awards and had shares withheld for taxes. On April 6, 2026 he exercised 23,923 restricted stock units into an equal number of common shares, following an accelerated vesting triggered by a change of control under the 2024 Omnibus Equity Incentive Plan. To cover tax obligations, 8,183 common shares were disposed of through a tax-withholding transaction at $2.59 per share. After these transactions, he directly holds 37,052 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,923 shares exercised/converted
Mixed
3 txns
Insider
REGAN WILLIAM C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,923 | $0.00 | -- |
| Exercise | Common Stock | 23,923 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,183 | $2.59 | $21K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 45,235 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2024 Omnibus Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan. On December 18, 2025, the reporting person was granted 23,923 restricted stock units, which were scheduled to vest in full on December 18, 2026. The vesting date of such grant was accelerated due to a change of control, as defined by the Plan, effective April 6, 2026. The restricted stock units were settled for shares of common stock on May 8, 2026.
Key Figures
RSUs exercised: 23,923 units
Tax-withholding shares: 8,183 shares
Price per share for tax withholding: $2.59 per share
+2 more
5 metrics
RSUs exercised
23,923 units
Restricted stock units converted to common stock on April 6, 2026
Tax-withholding shares
8,183 shares
Shares disposed at $2.59 each to cover tax obligations
Price per share for tax withholding
$2.59 per share
Value used for 8,183-share tax-withholding disposition
Shares held after transactions
37,052 shares
Direct common stock ownership following April 6, 2026 events
Originally granted RSUs
23,923 units
Grant on December 18, 2025 under 2024 Omnibus Equity Incentive Plan
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, 2024 Omnibus Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"On December 18, 2025, the reporting person was granted 23,923 restricted stock units, which were scheduled to vest in full on December 18, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
2024 Omnibus Equity Incentive Plan financial
"Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2024 Omnibus Equity Incentive Plan ("Plan")"
change of control financial
"The vesting date of such grant was accelerated due to a change of control, as defined by the Plan, effective April 6, 2026."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
