Reeves William Brian Poppic 4
4 · Fold Holdings, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Fold Holdings (FLD) CEO Reeves Sells Shares
What Happened
- Reeves William Brian Poppic, Chief Executive Officer of Fold Holdings, sold a total of 18,062 shares in two transactions: 9,221 shares at $1.06 on 2026-05-26 ($9,811) and 8,841 shares at $0.98 on 2026-05-27 ($8,708). The combined proceeds were about $18,519. These were sales, not purchases.
Key Details
- Transaction dates and prices:
- 2026-05-26: Sale of 9,221 shares at $1.06 ($9,811)
- 2026-05-27: Sale of 8,841 shares at $0.98 ($8,708)
- Total shares sold: 18,062; total proceeds: ≈ $18,519.
- Shares owned after the transaction: Not specified in the materials provided.
- Footnote: The filing states these sales were "sell to cover" transactions to satisfy tax withholding obligations related to the vesting/settlement of restricted stock units (RSUs). The issuer mandated the sell-to-cover; the filing notes this was not a discretionary trade by the CEO.
- Filing: Form 4 filed 2026-05-28 (covers trades on 2026-05-26 and 2026-05-27). No late-filing indication provided. Exhibit 24 (Power of Attorney) is referenced.
Context
- These were routine sell-to-cover transactions tied to RSU settlement (tax withholding). Such mandated sales are common and do not necessarily indicate the insider’s view of the company’s stock.
Insider Transaction Report
Form 4
Reeves William Brian Poppic
Chief Executive Officer10% Owner
Transactions
- Sale
Common Stock
[F1]2026-05-26$1.06/sh−9,221$9,811→ 5,483,147 total - Sale
Common Stock
[F1]2026-05-27$0.98/sh−8,841$8,708→ 5,474,306 total
Footnotes (1)
- [F1]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 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. Reeves.
Signature
/s/ Audrey Bartosh, Attorney-in-Fact|2026-05-28