Mettler Jody 4

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.