Busch Richard 4
4 · American Bitcoin Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
American Bitcoin (ABTC) Director Richard Busch Buys 450,000 Shares
What Happened
- Richard Busch, a director of American Bitcoin Corp. (ABTC), reported a purchase of 450,000 shares on 2026-06-15. The weighted average price reported was $0.87 per share, for a total reported consideration of $391,500. The transaction is coded as a purchase (P) — a direct buy rather than a sale.
Key Details
- Transaction date: 2026-06-15; Form filed: 2026-06-16 (timely).
- Price: $0.87 per share (weighted average). Total value: $391,500.
- Shares acquired: 450,000.
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnote: The price is a weighted average; the reporting person will provide details on the number of shares bought at each separate price upon request (Footnote F1).
- Transaction type/code: P (purchase); described as open-market or private purchases on the filing.
Context
- This was a cash purchase (P), which many investors treat as a stronger signal of insider confidence than routine sales, though motives aren’t disclosed in the filing. The weighted-average price footnote suggests the shares may have been acquired at multiple prices; the filer offers to provide that breakdown on request. The filing appears timely (next-day filing).
Insider Transaction Report
Form 4
Busch Richard
Director
Transactions
- Purchase
Class A Common Stock
[F1]2026-06-15$0.87/sh+450,000$391,500→ 1,848,975 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
Signature
/s/ Aliza Rana, as Attorney-in-Fact|2026-06-16