Potter Michael G 4

What Happened

• Michael G. Potter, Chief Financial Officer of Bitdeer Technologies Group, was granted an option-type award covering 48,900 Class A ordinary shares on July 1, 2026. The Form 4 lists the acquisition price as $0.00 and classifies the transaction as an award/grant (code A), meaning this is a derivative grant (options/rights), not an immediate cash purchase or sale.

Key Details

• Transaction date: July 1, 2026. Filing date: July 6, 2026.
• Transaction type/code: Award/Grant (A), derivative instrument (option right to buy shares).
• Quantity: 48,900 shares (optioned). Reported acquisition price: $0.00.
• Vesting: Vests in four equal annual installments of 25% on each anniversary of the grant date, subject to continued employment (footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Timeliness: Filed five days after the grant date; Form 4s are typically due within two business days, so this filing is later than the usual deadline (no late-filing code shown in the provided data).
• No indication in this filing of immediate exercise, sale, 10b5-1 plan, or tax-withholding shares.

Context

• This grant is a compensation/retention tool (an option right) and does not represent an immediate market purchase or sale. The options will only translate into actual shares if/when they vest and are exercised; the filing does not state the exercise/strike price. Purchases or open-market sales by insiders are often more directly informative about near-term sentiment than routine grants.