Kirkwood Jonathan 4

What Happened
Jonathan Kirkwood, reported as a 10% owner of Fold Holdings, purchased 105,000 shares of FLD on June 12, 2026. The filings show a weighted-average price of $0.61 per share for a total reported consideration of $64,365. The purchases were executed as multiple transactions (open market/private purchases).

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (filing appears to be timely).
• Price: weighted-average $0.61 per share; underlying trade prices ranged from $0.6051 to $0.6199 (footnote F1).
• Shares acquired: 105,000; total value: $64,365.
• Shares owned after transaction: not specified in the provided filing extract.
• Footnotes: F2 indicates Kirkwood is managing member of SATS Credit Fund GP LLC (GP of SATS Credit Fund LP). F3 notes he is co-founder/managing partner of LOW TIME PREFERENCE FUND II, LLC and therefore may be deemed to share beneficial ownership of those shares. Exhibit 24 (Power of Attorney) is referenced.

Context
This was a direct purchase (code P), which many investors view as a more informative signal than routine sales, though filings alone do not reveal motivation. As a reported 10% owner and manager of related investment entities, these transactions reflect activity by an institutional/large holder rather than necessarily an operating-company executive.