Dickman Thomas J 4
Research Summary
AI-generated summary
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).