BitGo (BTGO) Director Justin Evans Receives 36,000-Share Award

What Happened Justin Evans, a director of BitGo Holdings, Inc. (BTGO), was granted a 36,000-share restricted stock unit award on September 6, 2025. The award is reported at $0.00 per share (total reported value $0) and is classified as an award/grant (transaction code A). This is a grant of RSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: 2025-09-06; Form 4 filed: 2026-01-23 (reported several months after the transaction).
• Price: $0.00 per share; Quantity: 36,000 shares (restricted stock units).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes:
  • F1: The transaction occurred prior to the issuer’s registration of a class of equity securities under Section 12 in connection with the IPO and is reported pursuant to Rule 16a-2(a).
  • F2: The award represents restricted stock units acquired through an exempt transaction with the issuer.
• Timeliness: Filing posted months after the transaction date (see filing date above); the Form 4 notes the pre-registration timing per F1.

Context Restricted stock units are a form of equity compensation that typically vest over time and do not represent immediate open-market buying or selling. Because this award pre-dated the company’s registration related to its IPO and was reported under Rule 16a-2(a), the grant can appear in a later Form 4 even though the grant date was earlier. Grants at $0 per share are typical for RSU awards and do not by themselves indicate an insider purchase or sale.