Form 4: Fold Holdings Director Andrew Hohns Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Andrew Hohns reports reallocation and forfeiture of Fold Holdings, Inc. common stock in connection with the company's initial business combination.
Summary
- On February 15, 2025, Director Andrew Hohns reported changes in his beneficial ownership of Fold Holdings, Inc. common stock.
- 23,035 shares were reallocated to Hohns for no consideration related to the issuer's initial business combination.
- 19,660 shares were forfeited by a family trust of Hohns, also for no consideration, in connection with the same business combination.
- Following these transactions, Hohns directly owns 30,199 shares and indirectly owns 123,035 shares through Emerald ESG Advisors, LLC and Emerald ESG Sponsor, LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The changes in beneficial ownership may be of interest to shareholders as it provides insight into the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of Earliest Transaction |
| 02/15/2025 | Transaction Date for reallocation and forfeiture of shares |
| 02/19/2025 | Date of signature for the report |
Keywords
beneficial ownership, Fold Holdings, Andrew Hohns, Form 4, common stock, director, reallocation, forfeiture, business combination
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