Reeves William Brian Poppic 4

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.