Busch Richard 4

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).