Fang Chen 4
4 · BITGO HOLDINGS, INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
BitGo (BTGO) CRO Fang Chen Receives 41,667 Share Awards
What Happened
Fang Chen, Chief Revenue Officer and a director of BitGo Holdings, was awarded a total of 41,667 equity units on 2026-03-30: 21,667 restricted stock units (RSUs) and 20,000 derivative awards (options or similar) at an acquisition price of $0. These are grants/awards (not open-market purchases or sales) and do not generate immediate cash proceeds.
Key Details
- Transaction date: 2026-03-30; Form 4 filed 2026-04-01. No late filing flag indicated.
- Award amounts and prices: 21,667 RSUs @ $0; 20,000 derivative award units @ $0 (total 41,667 units).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1—each RSU is a contingent right to one share of Class A common stock. F2—derivative awards/options vest 25% on March 30, 2027, with the remaining 75% vesting in equal monthly installments thereafter, subject to continued service.
- Transaction type code: A = Grant/Award.
Context
RSUs and option-style derivative awards are common components of executive compensation. RSUs convert to actual shares only as they vest; the derivative award here has a time-based vesting schedule (first 25% at 3/30/2027). Because these are grants (not purchases or sales), they reflect compensation rather than an immediate insider market signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-30+21,667→ 1,255,158 total - Award
Stock Option (Right to Buy)
[F2]2026-03-30+20,000→ 20,000 totalExercise: $7.49Exp: 2036-03-29→ Class A Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSUs") that vests in accordance with the terms of the award. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The options will vest as to 25% of the award on March 30, 2027, and the remaining 75% of the options will vest in equal monthly installments thereafter until such time as the options are 100% vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.