Form 4: Director Broukhim's Indirect ABTC Stock Holdings Update

American Bitcoin Corp. Director Michael Broukhim reported an update to his indirect beneficial ownership of Class A Common Stock following a pro rata distribution from a fund.

Summary

• Michael Broukhim, a Director of American Bitcoin Corp. (ABTC), filed a Form 4 to report changes in his indirect beneficial ownership.
• On December 5, 2025, AM-0507 Fund I, a series of Green Meadow Ventures, LP, distributed its shares of ABTC Class A Common Stock to its partners on a pro rata basis for no consideration.
• Broukhim received 13,386 shares of Class A Common Stock, representing carried interest, which are now held indirectly through a limited liability company (LLC 1).
• He also received an additional 112,184 shares of Class A Common Stock from the distribution, which are exempt from Section 16 pursuant to Rule 16a-9 and Rule 16a-13, and are held indirectly through another limited liability company (LLC 2).
• These transactions reflect a change in the form of ownership from the fund to individual LLCs, rather than a direct acquisition or disposition for value by the director.

Sentiment

Score: 5

Explanation: This Form 4 reports a change in the indirect beneficial ownership structure of a director's holdings, resulting from a pro rata distribution from a fund for no consideration. It does not indicate a direct buy or sell transaction by the director for value, thus having a neutral sentiment regarding market activity or company performance.

Future Outlook

This filing is a report of a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction report detailing a change in a director's indirect beneficial ownership of company stock. It does not provide broader industry context or insights into American Bitcoin Corp.'s position within the cryptocurrency or blockchain industry.

Comparison to Industry Standards

• This Form 4 filing reports a change in indirect beneficial ownership due to a fund distribution, which is a standard reporting requirement for insiders. It does not contain financial results or operational metrics that would allow for a comparison to global benchmarks or specific comparable companies, projects, and results.

Related Party Transactions

• The distribution of Class A Common Stock from AM-0507 Fund I, a series of Green Meadow Ventures, LP, to its partners (including Mr. Broukhim) for no consideration can be considered a related party transaction, as Mr. Broukhim holds a membership interest in the LLCs that now hold the shares.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a change in the indirect ownership structure of a director's existing holdings, not a market transaction that would affect share float or price.
• Employees, Customers, Suppliers, Creditors: No direct impact from this change in beneficial ownership reporting.

Key Dates

Keywords

American Bitcoin Corp, ABTC, Michael Broukhim, Form 4, beneficial ownership, Class A Common Stock, director, insider transaction, equity distribution