Alexander Karen 4

What Happened
Karen Alexander, Chief Financial Officer of Bakkt, Inc. (BKKT), sold 4,684 shares of Class A common stock on April 28, 2026 at $9.13 per share, generating approximately $42,765. The transaction is reported as a sale and was made to cover tax obligations tied to the vesting of restricted stock units.

Key Details

• Transaction date: 2026-04-28; filing date: 2026-04-29 (timely filing).
• Type: Sale (open market or private sale code "S").
• Shares sold: 4,684 at $9.13 per share; total value ≈ $42,765.
• Footnote F1: Sale made to cover tax withholding related to RSU vesting.
• Footnote F2: Filing notes 18,852 shares remain subject to RSUs and performance stock units that continue to vest.
• No 10b5-1 plan or late filing is indicated in the provided data.

Context
Sales to cover tax withholding after RSU vesting are common and typically routine rather than a directional bet on the stock. The filing shows remaining restricted shares subject to vesting, which can affect future insider transactions as those units vest.