Form 4: Bitcoin Depot Inc. Officer Mark James Smalley Reports Sale of Class A Common Stock
SEC Form 4 Filing
Chief Compliance Officer Mark James Smalley of Bitcoin Depot Inc. reports the sale of 1,109 shares of Class A common stock at an average price of $1.1251.
Summary
- On March 3, 2025, Mark James Smalley, Chief Compliance Officer of Bitcoin Depot Inc., sold 1,109 shares of Class A common stock.
- The sale was executed at a weighted average price of $1.1251 per share, with individual prices ranging from $1.11 to $1.142.
- The transaction was conducted under a Rule 10b5-1 trading plan established on May 17, 2024.
- Following the transaction, Smalley directly owns 77,518 shares of Class A common stock.
- The shares sold were previously vested RSU shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an officer's stock sale. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company officers and directors.
Stakeholder Impact
- The sale of shares by an officer could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about opportunistic trading.
Key Dates
| Date | Description |
|---|---|
| May 17, 2024 | Date the Reporting Person entered into a Rule 10b5-1 trading plan. |
| April 1, 2024 | Date the reporting person was granted restricted stock units ('RSUs'). |
| March 3, 2025 | Date of the transaction (sale of Class A common stock). |
| March 5, 2025 | Date of the Form 4 filing. |
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