Dickman Thomas J 4
4 · Fold Holdings, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Fold Holdings (FLD) CTO Thomas J. Dickman Sells 4,049 Shares
What Happened
Thomas J. Dickman, Chief Technology Officer of Fold Holdings (FLD), disposed of 4,049 shares on 2026-05-15 in an open-market sale at $1.43 per share for total proceeds of $5,806. The sale was a "sell-to-cover" to satisfy tax withholding obligations associated with the vesting and settlement of restricted stock units (RSUs), and was mandated by the issuer rather than a discretionary sale by Mr. Dickman.
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-18 (filed timely).
- Price: $1.43 per share; total proceeds: $5,806.
- Transaction type/code: Sale (S); footnote F1: sale was to cover tax withholding on vested RSUs (issuer-mandated).
- Shares owned after the transaction: not specified in the provided filing extract.
- Remarks: Exhibit 24 (Power of Attorney) incorporated by reference.
Context
This was a routine sell-to-cover tied to RSU vesting (tax withholding), not an independent decision to liquidate holdings; such transactions are common and generally do not by themselves indicate management's view of the company. The dollar amount here is modest ($≈5.8K).
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-15$1.43/sh−4,049$5,806→ 539,458 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by Mr. Dickman to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The initial grant of such restricted stock units was previously reported in Table I. 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. Dickman.