Bitdeer (BTDR) CFO Michael Potter Receives 115,942-Share Award

What Happened

• Michael G. Potter, Chief Financial Officer of Bitdeer Technologies Group (BTDR), was granted 115,942 performance-based restricted share units (PSUs) on 2026-09-01. The award was reported on a Form 4 filed 2026-09-02. The grant shows an acquisition price of $0 because these are contingent equity awards, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (timely filing).
• Transaction type/code: A — Award/Grant (derivative security).
• Shares granted: 115,942 PSUs; acquisition price reported as $0.
• Footnote: Each PSU is a contingent right to receive one Class A ordinary share under the 2023 Share Incentive Plan. PSUs vest over three years based on performance objectives set by the compensation committee.
• Shares owned after transaction: Not specified in the filing.
• No tax withholding, sale, or 10b5-1 plan disclosed in this filing.

Context

• PSUs are conditional equity awards — they do not represent immediately issued shares. Value is realized only if performance goals are met and units vest; until then they are derivative/contingent.
• Awards like this are typical executive compensation and do not necessarily signal a buying or selling decision by the insider. They increase potential future dilution if they vest and are settled in shares.