Reeves William Brian Poppic 4

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.