Fold Holdings (FLD) CFO Repass Wolfe Sells Shares

What Happened Repass Wolfe, Chief Financial Officer of Fold Holdings, sold a total of 2,877 shares of FLD stock in two open-market transactions on August 18, 2026. The shares were sold at $0.45 per share: 959 shares for $433 and 1,918 shares for $865, totaling approximately $1,298. According to the filing, these sales were made to cover tax withholding obligations tied to the vesting and settlement of previously granted restricted stock units (RSUs), not as discretionary selling.

Key Details

• Transaction date: August 18, 2026. Filing date (Form 4): August 20, 2026 (timely filed).
• Prices and amounts: 959 shares @ $0.45 ($433) and 1,918 shares @ $0.45 ($865); combined proceeds ≈ $1,298.
• Reason/footnote: Sale mandated by issuer's "sell to cover" election to satisfy tax withholding on vested RSUs (Footnote F1). Not a discretionary sale by the insider.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Administrative note: Exhibit 24 (Power of Attorney) is incorporated by reference.

Context

• These were tax-withholding sell-to-cover sales related to RSU settlement (reported as "S" — sale). Such transactions are common and typically routine administrative actions rather than signals of insider sentiment.
• No options were exercised and no gifts or 10% owner transfers were involved.