Bit Digital, Inc·4

Jan 29, 4:30 PM ET

Tabar Samir 4

Research Summary

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Bit Digital (BTBT) CEO Samir Tabar Exercises RSUs, Acquires 205K Shares

What Happened

  • Samir Tabar, CEO of Bit Digital, acquired 205,000 ordinary shares on January 28, 2026. The filing shows an exercise/conversion of a derivative instrument (code M) for 205,000 shares at $1.89 per share (total $387,450) and a related award/grant entry (code A) of 205,000 shares at $0.00 reflecting the vested RSUs.
  • This was an acquisition (not a sale): performance-based restricted stock units (RSUs) vested and were converted into common shares.

Key Details

  • Transaction date: January 28, 2026.
  • Report filed: January 29, 2026 (appears timely for a Form 4 reporting a 1/28 transaction).
  • Price/value: $1.89 per share used to value the RSUs; 205,000 shares × $1.89 = $387,450.
  • Footnotes: F1–F3 state these are ordinary shares issued upon vesting of RSUs under the 2025 Omnibus Equity Incentive Plan; RSUs were valued at the $1.89 close on 12/31/2025; the RSUs are performance-based and were issued in an exempt transaction under Rule 16b-3.
  • Shares owned after the transaction: not disclosed in the provided filing.

Context

  • The filing shows conversion/vesting of RSUs rather than an open-market purchase or sale; RSU vesting results in shares delivered to the insider (no market sale is reported here).
  • Because these are award/vesting transactions, they typically reflect compensation plan mechanics (not necessarily a direct signal of buying/selling intent).