Reeves William Brian Poppic 4
4 · Fold Holdings, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Fold Holdings (FLD) CEO Reeves Sells 8,113 Shares
What Happened
Reeves William Brian Poppic, CEO of Fold Holdings, sold 8,113 shares on May 28, 2026, at $0.99 per share for total proceeds of $8,048. This was a sale (not a purchase) executed to satisfy tax withholding related to the vesting and settlement of restricted stock units.
Key Details
- Transaction date and price: 2026-05-28 — 8,113 shares @ $0.99 each (proceeds $8,048).
- Transaction type/code: Sale (S); footnote indicates the sale was a "sell to cover" for tax withholding (F1).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing date/timeliness: Form 4 filed 2026-05-29 (timely; within typical SEC reporting window).
- Remarks: Exhibit 24 (Power of Attorney) referenced in the filing.
Context
The filing notes the sale was mandated by the issuer's sell-to-cover election and was not a discretionary trade by the CEO. Such transactions commonly occur when RSUs vest and are generally procedural to cover withholding taxes rather than an expression of insider sentiment.
Insider Transaction Report
Form 4
Reeves William Brian Poppic
Chief Executive Officer10% Owner
Transactions
- Sale
Common Stock
[F1]2026-05-28$0.99/sh−8,113$8,048→ 5,466,193 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|2026-05-29