Allen Charles W 4

What Happened
Allen Charles W, identified as a 10% owner of BTCS Inc. (BTCS), sold a total of 255,000 common shares in two transactions. On June 12, 2026 he disposed of 87,000 shares for about $99,989 (weighted avg price $1.15; range $1.12–$1.19). On June 15, 2026 he disposed of 168,000 shares for about $204,204 (weighted avg price $1.22; range $1.18–$1.301). Both transactions were reported on a Form 4 filed June 16, 2026. These were sales (S), which are typically routine dispositions rather than purchases that might signal insider bullishness.

Key Details

• Transaction dates and proceeds:
  • 2026-06-12: Sold 87,000 shares for ~$99,989 (weighted avg $1.15; per-footnote range $1.12–$1.19). (F1)
  • 2026-06-15: Sold 168,000 shares for ~$204,204 (weighted avg $1.22; per-footnote range $1.18–$1.301). (F2)
• Total sold: 255,000 shares for approx. $304,193.
• Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for exact post-transaction holdings.
• Notable footnotes:
  • F1/F2: Reported prices are weighted averages across multiple trade prices; the filer will provide breakdowns on request.
  • F3: Some reported holdings may include restricted common stock subject to forfeiture if vesting conditions are unmet.
• Filing timeliness: Form 4 was filed June 16, 2026; based on trade dates (6/12 and 6/15) the filing does not appear to be late.

Context
As a 10% owner, Allen is a significant shareholder; sales by large holders can be for many reasons (liquidity, diversification, etc.) and are not the same signal as an executive purchasing shares. There were no purchases, option exercises, or awards reported in this filing. For full details (exact post-transaction holdings and per-trade price breakdowns), consult the complete Form 4 filing (Accession No. 0001493152-26-028908).