Trainor-Degirolamo Sheldon 4

What Happened Sheldon Trainor‑Degirolamo, a director of Bitdeer Technologies Group (BTDR), received an award of 6,477 restricted share units (RSUs) on July 1, 2026. The award is reported as a derivative grant (code A) at $0.00 per unit — this reflects a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-06 (Form 4 filed 5 days after the grant date; this appears to be after the typical two-business-day filing window).
• Security: Restricted Share Units (RSUs) representing the right to receive Class A ordinary shares upon vesting.
• Amount granted: 6,477 RSUs; reported price: $0.00 (compensatory award).
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnote (F1): Each RSU converts one-for-one to a Class A ordinary share upon vesting. Vesting occurs over four years with 25% vesting on each anniversary of the grant date (first anniversary noted as July 1, 2026).

Context RSU grants are typically compensation for service or a retention incentive and do not represent immediate transferable shares until they vest. Because vesting is spread over four years, economic ownership (and any tax consequences) will generally arise as units vest, not at grant. The reported $0.00 price is standard for awards and does not indicate a market purchase.