Fang Chen 4

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.