REGAN WILLIAM C 4
4 · Big Digital Energy, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Big Digital Energy (BGDE) CFO Regan Receives 23,923 Shares
What Happened William C. Regan, Chief Financial Officer of Big Digital Energy, converted 23,923 restricted stock units (RSUs) that vested early due to a change of control. Of those, 8,183 shares were withheld to satisfy tax withholding obligations (withheld value reported as $21,194 at $2.59 per share), leaving a net delivery of 15,740 shares to Regan. The RSU vesting/acceleration was effective April 6, 2026; the RSUs were settled for shares on May 8, 2026.
Key Details
- Transaction date(s): April 6, 2026 (acceleration/conversion); RSUs settled for shares on May 8, 2026 per footnote.
- Primary actions recorded: conversion/exercise of 23,923 RSUs (derivative M); 8,183 shares withheld for tax payment (code F) at $2.59 each = $21,194.
- Net shares received: 23,923 − 8,183 = 15,740 shares (based on the filing numbers).
- Price: RSUs converted (no exercise price); withholding executed at $2.59/share; one derivative line shows $0 (typical for RSU settlement).
- Shares owned after transaction: not specified in the Form 4.
- Filing timeliness: Form 4 was filed on May 13, 2026 for an April 6, 2026 event — filed later than the usual 2-business-day requirement.
Context These were RSUs granted under the Mawson Infrastructure Group Inc. 2024 Omnibus Equity Incentive Plan that were scheduled to vest in Dec 2026 but were accelerated due to a change of control effective April 6, 2026. The withholding of shares was to cover tax liabilities (common on RSU settlements) rather than an open-market sale. The late filing may affect timeliness tracking but does not change the reported securities movements.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-06+23,923→ 45,235 total - Tax Payment
Common Stock
2026-04-06$2.59/sh−8,183$21,194→ 37,052 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-06−23,923→ 0 total→ Common Stock (23,923 underlying)
Footnotes (2)
- [F1]Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2024 Omnibus Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan.
- [F2]On December 18, 2025, the reporting person was granted 23,923 restricted stock units, which were scheduled to vest in full on December 18, 2026. The vesting date of such grant was accelerated due to a change of control, as defined by the Plan, effective April 6, 2026. The restricted stock units were settled for shares of common stock on May 8, 2026.