Fold (FLD) CFO Repass Wolfe Exercises RSUs, Sells Shares

What Happened

• Repass Wolfe, Chief Financial Officer of Fold Holdings (FLD), had restricted stock units (RSUs) convert into 4,195 shares on July 31, 2026 (2,638 + 17 + 1,540).
• On August 3, 2026 he sold 1,180 of those shares in open-market transactions at $0.47 per share, generating $554 in total proceeds. The sales were made to cover tax withholding obligations and were not discretionary.

Key Details

• Transaction dates: RSU conversion (acquisition) on 2026-07-31; sales (dispositions) on 2026-08-03.
• Sale price: $0.47 per share; total proceeds $554 (740 shares = $348; 5 shares = $2; 435 shares = $204).
• Shares acquired by conversion: 4,195 (1-for-1 conversion of RSUs per filing). Shares sold: 1,180. Shares owned after the transactions are not specified in the provided filing excerpt.
• Footnotes: (F1) RSUs convert one-for-one into common stock; (F2) sales were "sell-to-cover" mandated by the issuer to satisfy tax withholding and therefore not discretionary; (F4–F7/F5) the RSUs follow scheduled vesting and certain vesting conditions were satisfied upon the merger described in the filing.
• Filing: Report filed Aug 4, 2026 (appears timely relative to the July 31 acquisition and Aug 3 sales).

Context

• These transactions were conversions of RSUs and a subsequent sell-to-cover for taxes (a common post-vesting step). The filing indicates the sale was mandated to satisfy withholding and should not be interpreted as a discretionary insider sell signal.