Form 4: Bitcoin Depot Inc. Executive Brandon Mintz Sells Shares Under 10b5-1 Trading Plan

Bitcoin Depot Inc.'s Director and CEO, Brandon Mintz, executed sales of Class A common stock on September 9th and 10th, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Brandon Mintz, Director, CEO, and Chairman of Bitcoin Depot Inc., sold shares of Class A common stock on September 9 and September 10, 2024.
• The sales were executed under a Rule 10b5-1 trading plan established on November 30, 2023.
• On September 9, 2024, 11,383 shares were sold at a weighted average price of $1.5151, with individual prices ranging from $1.50 to $1.56.
• On September 10, 2024, 13,617 shares were sold at a price of $1.50.
• Following these transactions, Mintz directly owns 429,248 shares of Class A common stock.
• BT Assets, Inc., of which Mintz is the sole member, indirectly owns 41,193,024 shares of Class V common stock, which can be exchanged for Class A common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions under a pre-existing trading plan. There is no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by a key executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates