Form 4: Bakkt Holdings Director Colleen Brown Reports Acquisition of Restricted Stock Units

Director Colleen Brown reports acquisition of 12,228 Restricted Stock Units (RSUs) in Bakkt Holdings, Inc.

Summary

• On September 11, 2024, Colleen B Brown, a director of Bakkt Holdings, Inc., acquired 12,228 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs).
• The RSUs were acquired at a price of $0.
• These RSUs will vest on May 31, 2025, contingent upon continued service to the Issuer.
• Following the transaction, Brown beneficially owns 14,956 shares of Class A Common Stock, including 12,228 shares subject to vesting.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock units being granted. The vesting period suggests a long-term commitment.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future.

Future Outlook

The vesting of the RSUs is contingent upon the reporting person's continued service to the issuer through May 31, 2025.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, reflecting confidence from a company director.

Key Dates