Huang Erke 4

What Happened
Huang Erke, Chief Financial Officer of Bit Digital (BTBT), acquired 205,000 ordinary shares on January 28, 2026 upon the vesting/conversion of performance-based restricted stock units (RSUs). The filing shows the shares valued at $1.89 per share (closing price on Dec 31, 2025), giving a reported value of $387,450. The issuance is reported as an award/vesting (grant code A) and a conversion/exercise of a derivative (code M); no open-market purchase or sale was reported.

Key Details

• Transaction date: 2026-01-28
• Shares acquired: 205,000 ordinary shares
• Reported value: $1.89 per share, total $387,450 (valuation noted at closing price on Dec 31, 2025)
• Consideration reported: Grant line shows $0 (typical for RSU vesting); the M line shows the market valuation used for reporting
• Footnotes: RSUs issued upon vesting under the 2025 Omnibus Equity Incentive Plan; performance-based RSUs issued in an exempt transaction pursuant to Rule 16b-3 (F1–F3)
• Shares owned after transaction: Not disclosed in this Form 4 filing
• Filing timeliness: Reported January 29, 2026 for a 2026-01-28 transaction (appears timely)

Context
This was not an open-market purchase or sale but the vesting/conversion of performance-based RSUs into shares. Such vesting reflects compensation being settled in stock and does not necessarily indicate the insider bought shares with new cash or sold any shares. The issuance was reported as exempt under Rule 16b-3, a common provision for employee equity awards.