Reeves William Brian Poppic 4

What Happened Reeves William Brian Poppic, CEO of Fold Holdings (FLD), reported two sales (S) on his Form 4 related to the vesting and settlement of restricted stock units. On 2026-05-21 he sold 7,713 shares at $1.22 each for $9,379, and on 2026-05-22 he sold 8,698 shares at $1.15 each for $9,968 — a combined 16,411 shares and roughly $19,347. According to the filing, these were mandatory "sell-to-cover" transactions to satisfy tax withholding and were not discretionary sales by the CEO.

Key Details

• Transaction dates and prices: 5/21/2026 — 7,713 shares @ $1.22 ($9,379); 5/22/2026 — 8,698 shares @ $1.15 ($9,968).
• Total sold: 16,411 shares for ≈ $19,347.
• Reason/footnote: Sale executed to cover tax withholding on vested RSUs (mandated by issuer election; not a voluntary sell).
• Filing: Form 4 filed 2026-05-26 reporting the 5/21–5/22 trades (filed one business day after the typical 2-business-day reporting window).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Additional remark: Exhibit 24 (Power of Attorney) is referenced in the filing.

Context These transactions are routine sell-to-cover sales tied to RSU vesting (tax-related) rather than discretionary insider selling for cash or investment reasons. For retail investors, purchase transactions tend to be more informative about insider conviction; mandated tax sales like these are common and do not necessarily signal a change in the CEO's view of the company.