Mettler Jody 4
4 · BITGO HOLDINGS, INC. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
BitGo (BTGO) COO Jody Mettler Sells Shares
What Happened
- Jody Mettler, Chief Operating Officer of BitGo (BTGO), disposed of a total of 363 shares across four transactions between 2026-04-06 and 2026-07-08, netting about $2,821.
- 2026-04-06: 144 shares withheld for tax at $8.41 each — $1,211 (F1).
- 2026-05-06: 74 shares withheld for tax at $11.87 each — $878 (F1).
- 2026-06-11: 79 shares sold open market at $5.12 each — $404 (S; F2/F3).
- 2026-07-08: 66 shares sold open market at $4.97 each — $328 (S; F2/F3).
- These were disposals (not purchases); the bulk reflect tax-withholding on vested RSUs and routine "sell-to-cover" sales.
Key Details
- Transaction types: F = shares withheld to satisfy tax withholding on RSU net settlement; S = open-market sales to cover tax withholding (sell-to-cover).
- Dates & prices: Apr 6 ($8.41), May 6 ($11.87), Jun 11 (weighted avg $5.12; block trades ranged $5.02–$5.19), Jul 8 ($4.97).
- Total shares disposed: 363 shares; total proceeds ≈ $2,821.
- Footnotes: F1/F2 confirm these were to satisfy tax withholding from RSU vesting; F3 notes the June block trades used a weighted average price and the filer can provide per-price breakdown on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: The Form 4 was filed on 2026-07-10 while the earliest reported transaction was 2026-04-06 — this appears late relative to the usual two-business-day reporting requirement and reduces near-term transparency.
Context
- These transactions are routine tax-withholding and sell-to-cover actions tied to RSU settlement (not discretionary open‑market purchases). Such transactions typically reflect standard compensation withholding rather than a voluntary sale for investment reasons.
Insider Transaction Report
Form 4
Mettler Jody
Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-04-06$8.41/sh−144$1,211→ 38,689 total - Tax Payment
Class A Common Stock
[F1]2026-05-06$11.87/sh−74$878→ 38,615 total - Sale
Class A Common Stock
[F2][F3]2026-06-11$5.12/sh−79$404→ 38,536 total - Sale
Class A Common Stock
[F2]2026-07-08$4.97/sh−66$328→ 38,470 total
Footnotes (3)
- [F1]The transaction represents the number of shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units ("RSUs").
- [F2]The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F3]The price reported in this line item is a weighted average price. These shares were sold as part of block trades for multiple security holders of the Issuer at prices ranging from $5.02 to $5.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer 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 range set forth herein with regard to the block trades.
Signature
/s/ Edward Reginelli, Attorney-in-Fact|2026-07-10