Fold Holdings (FLD) 10% Owner Jonathan Kirkwood Receives Award

What Happened

• Jonathan Kirkwood, a reported 10% owner of Fold Holdings, was granted 95,484 restricted stock units (RSUs) on May 29, 2026. The award was reported as an acquisition at $0.00 per share (no cash paid); the filing shows the grant, not a sale or market purchase. Footnote F1 clarifies these are RSUs representing shares issuable upon vesting.

Key Details

• Transaction date: 2026-05-29
• Transaction type/code: Award/Grant (A) — 95,484 RSUs @ $0.00; total cash consideration reported = $0
• Shares owned after transaction: not specified in the provided filing
• Notable footnotes:
  • F1: RSUs represent shares issuable upon vesting.
  • F2: Kirkwood is managing member of SATS Credit Fund GP LLC (GP of SATS Credit Fund LP).
  • F3: Kirkwood is co-founder and managing partner of LOW TIME PREFERENCE FUND II, LLC and may be deemed to share beneficial ownership of certain shares.
• Exhibit/authority: Exhibit 24 (Power of Attorney) referenced by the filing

Context

• RSU grants are a form of equity compensation that convert to shares only if and when they vest; they do not represent immediate market purchases or sales. As a reported 10% owner with potential shared beneficial interests via funds noted in footnotes, this grant reflects a compensation/ownership change rather than an outright market bet. The filing date (2026-06-02) and the transaction date (2026-05-29) are shown in the record—investors tracking filing timeliness should review the full SEC filing for details.