Reeves William Brian Poppic 4
4 · Fold Holdings, Inc. · Filed Mar 3, 2026
Insider Transaction Report
Form 4
Reeves William Brian Poppic
Chief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-27+1,074→ 4,710,973 total - Exercise/Conversion
Common Stock
[F1]2026-02-27+11,548→ 4,722,521 total - Sale
Common Stock
[F2]2026-03-02$1.42/sh−5,496$7,821→ 4,717,025 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-02-27−1,074→ 7,523 total→ Common Stock (1,074 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4][F6]2026-02-27−11,548→ 103,935 total→ Common Stock (11,548 underlying)
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The sale reported on this Form 4 represents shares sold by Mr. Reeves to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by Mr. Reeves.
- [F3]Not applicable.
- [F4]Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of July 24, 2024 (the "Merger Agreement"), by and among the Issuer (formerly FTAC Emerald Acquisition Corp.), FTAC EMLD Merger Sub Inc. and Fold, Inc. ("Legacy Fold"), pursuant to which each outstanding Legacy Fold RSU Award was automatically converted into an award of restricted stock units covering a number of shares of the Issuer's Common Stock based on the exchange ratio described in the Issuer's Registration Statement on Form S-4, as amended (Reg. No. 333-282520).
- [F5]The restricted stock units vest as to one-fourth of the underlying shares beginning on October 1, 2023 and thereafter in 48 equal monthly installments, subject to Mr. Reeves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition was deemed met upon the merger of Legacy Fold, Issuer and FTAC EMLD Merger Sub Inc. on February 14, 2025 (the "Merger").
- [F6]The restricted stock units vest as to one-fourth of the underlying shares beginning on December 1, 2023 and thereafter in 48 equal monthly installments, subject to Mr. Reeves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition was deemed met upon the Merger.
Signature
/s/ Audrey Bartosh, Attorney-in-Fact|2026-03-03