Allen Charles W 4
4 · BTCS Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
BTCS CEO Charles W. Allen Sells 420,000 Shares
What Happened Charles W. Allen, CEO and director of BTCS Inc. (BTCS), sold a total of 420,000 shares in three open-market transactions between June 9 and June 11, 2026. The sales were: 105,000 shares on 2026-06-09 at a weighted average price of $1.27 (proceeds $133,340), 150,000 shares on 2026-06-10 at $1.19 (proceeds $179,160), and 165,000 shares on 2026-06-11 at $1.11 (proceeds $183,117). Combined proceeds from the three sales were approximately $495,617. These were sales (S) reported on a Form 4.
Key Details
- Transaction dates and weighted-average prices:
- 2026-06-09: 105,000 shares @ $1.27 (range reported $1.22–$1.371; F1)
- 2026-06-10: 150,000 shares @ $1.19 (range reported $1.155–$1.25; F2)
- 2026-06-11: 165,000 shares @ $1.11 (range reported $1.10–$1.165; F3)
- Total sold: 420,000 shares for ~ $495,617.
- Filing date: Form filed on 2026-06-11 covering the above trades (period of report begins 2026-06-09).
- Shares owned after the transactions: not specified in the summary provided here — see the full Form 4 for post-transaction holdings.
- Notable footnotes: the reported prices are weighted averages across multiple transactions (F1–F3). The filing also notes that reported holdings include restricted common stock subject to forfeiture if certain vesting conditions are not met (F4).
- No 10b5-1 plan, tax-withholding, or other special codes were disclosed in the summary provided.
Context
- These were open-market sales (routine insider sell transactions); sales do not necessarily signal company prospects and can be for many personal or administrative reasons. Purchases are generally considered a stronger signal of insider conviction than sales.
- For full detail (exact per-trade prices, post-transaction holdings, and any additional disclosures), retail investors should review the complete Form 4 (Accession No. 0001493152-26-028327) filed with the SEC.
Insider Transaction Report
Form 4
BTCS Inc.BTCS
Allen Charles W
DirectorCEO10% Owner
Transactions
- Sale
Common Stock
[F1][F4]2026-06-09$1.27/sh−105,000$133,340→ 7,414,033 total - Sale
Common Stock
[F2][F4]2026-06-10$1.19/sh−150,000$179,160→ 7,264,033 total - Sale
Common Stock
[F3][F4]2026-06-11$1.11/sh−165,000$183,117→ 7,099,033 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $1.22 to $1.371 inclusive. The reporting person undertakes to provide to BTCS Inc., any security holder of BTCS Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
- [F2]The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $1.155 to $1.25 inclusive. The reporting person undertakes to provide to BTCS Inc., any security holder of BTCS Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
- [F3]The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions ranging from $1.10 to $1.165 inclusive. The reporting person undertakes to provide to BTCS Inc., any security holder of BTCS Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.
- [F4]Includes shares of restricted common stock subject to forfeiture if certain vesting conditions are not met.
Signature
/s/ Charles Allen|2026-06-11