Bitcoin Depot CFO Gray McLaughlin Withholds 7,322 Shares for Taxes

What Happened
Gray David McLaughlin, Chief Financial Officer of Bitcoin Depot Inc. (BTM), had 7,322 Class A common shares withheld to satisfy tax withholding obligations upon settlement of vested Restricted Stock Units. The shares were valued at $2.18 each, totaling approximately $15,962. This was a withholding for taxes (routine) rather than an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-01
• Transaction type/code: Tax withholding on RSU settlement (code F)
• Shares withheld: 7,322 at $2.18 per share — total ≈ $15,962
• Shares owned after transaction: Not disclosed in this filing
• Footnote: Shares were withheld pursuant to issuer policy to satisfy tax withholding upon RSU settlement; not a discretionary or open-market sale.
• Filing: Report filed 2026-04-03 (appears timely under standard Form 4 reporting rules)

Context
Withholding shares to cover taxes on vested RSUs is a common, procedural event and does not necessarily signal the insider’s view of the company. Unlike open-market purchases or sales, these transactions are administrative and typically less informative about insider sentiment.