Avalanche Treasury (AVAT) CEO Smith Gerald Bartholomew Receives RSU Award

What Happened

• Smith Gerald Bartholomew, CEO of Avalanche Treasury Corp (AVAT), was granted 750,000 restricted stock units (RSUs) on 2026-09-28 (transaction code A). Each RSU represents a contingent right to one share of Class A common stock. On 2026-09-30, 35,956 shares were withheld by the company to satisfy tax withholding related to RSU vesting at a per-share value of $1.90, totaling about $68,316 (transaction code F).

Key Details

• Grant date: 2026-09-28 — 750,000 RSUs granted (code A).
• Tax withholding/settlement date: 2026-09-30 — 35,956 shares withheld at $1.90 per share for ~$68,316 (code F).
• Vesting terms (footnote): RSUs vest 1/6 on each of the first six six-month anniversaries of October 1, 2025; each RSU converts to one share upon vesting.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-09-30 (Accession 0001104659-26-112447). No late-filing indication in the provided data.

Context

• RSU grants are compensation awards and typically reflect long-term incentive pay rather than an immediate market bet by the insider. The withholding of 35,956 shares is an administrative step to cover tax obligations when RSUs vest and is not the same as an open-market sale.
• For retail investors, awards signal management compensation alignment with shareholders but do not necessarily indicate bullish or bearish intent.