Fold (FLD) CTO Thomas J. Dickman Sells 2,884 Shares
$FLD · Fold Holdings, Inc.Research Summary
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Fold (FLD) CTO Thomas J. Dickman Sells 2,884 Shares
What Happened Thomas J. Dickman, Chief Technology Officer of Fold Holdings, sold a total of 2,884 shares on August 17, 2026 in two open-market/private sale transactions. The filings report 1,922 shares sold at $0.46 (reported proceeds $878) and 962 shares sold at $0.46 (reported proceeds $440), totaling about $1,318. The sale was a sell-to-cover to satisfy tax withholding on vested restricted stock units and was not a discretionary trade by Mr. Dickman.
Key Details
- Transaction date: August 17, 2026; Form 4 filed August 18, 2026 (timely filing).
- Prices and proceeds reported: 1,922 shares @ $0.46 (proceeds $878) and 962 shares @ $0.46 (proceeds $440); total ~ $1,318.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: The sale was mandated by the issuer’s “sell to cover” election to cover tax withholding on vested RSUs (not a discretionary sale by the insider).
- Remarks: Exhibit 24 (Power of Attorney) referenced.
Context Sell-to-cover transactions are routine tax-management actions when restricted stock units vest; they generally do not signal a change in an insider’s view of the company. The dollar value here is small (~$1.3k), so this filing is immaterial from a market-impact perspective.