Bitcoin Depot (BTM) CEO Christopher Buchanan Sells 7,000 Shares

What Happened

• Christopher Scott Buchanan, CEO of Bitcoin Depot Inc. (BTM), sold 7,000 shares on February 2, 2026. The shares were disposed at $1.02 per share, yielding total proceeds of $7,140. The transaction is reported as a sale (code S) and is described as an open-market or private sale.

Key Details

• Transaction date and price: 2026-02-02 — 7,000 shares at $1.02/share (total $7,140).
• Filing date: Form 4 filed 2026-02-03 (appears timely; no late-filing flag noted).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted April 8, 2025 (preplanned sale).
• Transaction type: Sale (S) — proceeds realized, not a purchase or option exercise.

Context

• Sales executed under a 10b5-1 plan are prearranged and commonly used by insiders to sell shares on a set schedule; they are generally considered routine and less indicative of new insider sentiment. The dollar amount here ($7,140) is small; retail investors should avoid reading too much into one small, preplanned sale.