Bit Digital (BTBT) CEO Samir Tabar Receives 535,000 RSU Award
$BTBT · Bit Digital, IncResearch Summary
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Bit Digital (BTBT) CEO Samir Tabar Receives 535,000 RSU Award
What Happened
Samir Tabar, CEO of Bit Digital, received two performance-based restricted stock unit (RSU) awards on July 24, 2026: 400,000 RSUs and 135,000 RSUs, for a total of 535,000 RSUs. Both awards are reported as derivative acquisitions at $0.00 (no cash paid). According to footnotes, the grants were issued under the company's 2025 Omnibus Incentive Plan when applicable performance milestones were met (Dec 31, 2025 and June 30, 2026).
Key Details
- Transaction dates and prices: 2026-07-24; 400,000 RSUs @ $0.00 and 135,000 RSUs @ $0.00 (reported as derivative awards).
- Total awarded: 535,000 performance-based RSUs.
- Plan and exemption: Issued under the 2025 Omnibus Incentive Plan and reported as exempt under Rule 16b-3 per the filing footnotes.
- Performance milestone dates: 400,000 RSUs tied to milestones met 12/31/2025; 135,000 RSUs tied to milestones met 6/30/2026.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: Form 4 filed on 2026-07-28 (transaction dated 7/24/2026); the filing itself does not include a timeliness flag in the provided details.
Context These are performance-based RSUs (a derivative award) — they represent the right to receive shares upon satisfaction of vesting/performance conditions and were issued when those conditions were deemed met. Awards like this are compensation and not an open-market purchase or sale, so they don't directly indicate immediate buying or selling intent by the insider.