Chen Jie (Janet) 4

What Happened
Director Chen Jie (listed as Janet) was issued 1,083 ordinary shares of BitVentures Ltd (BVC) on May 11, 2026. The shares were reported at $0.00 per share for a total reported acquisition value of $0, reflecting issuance upon vesting of previously granted awards.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (appears timely).
• Transaction type: Award/Acquisition (code A) — 1,083 shares at $0.00.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.
• Footnote: F1 — shares issued upon vesting under the Issuer's 2020 Equity Incentive Plan.
• No sale or cash purchase reported; this was an issuance from the company to satisfy vested awards.

Context
This was a vesting issuance of equity awards (common for compensation/retention). Such awards are routine and do not equate to an open-market purchase or sale by the insider. Because no cash was exchanged and no shares were sold, the transaction is not a direct signal of buying or selling intent in the market.