RSU vest tax sale illustrated
A Bit Digital VP’s Form 4 showed 94,340 RSUs granted and vested with tax withholding triggering immediate share sales — a textbook example that equity is taxed on vest and withholding can force sales to cover liabilities. The filing underscores why tracking vest schedules and withholding mechanics matters for compensation planning. (www.stocktitan.net/sec-filings/BTBT/form-4-bit-digital-inc-insider-trading-activity-7f4fbe4d4d38.html)
Justin Zhu is identified on the Form 4 as Vice President of Finance and Chief Accounting Officer, with the filing listing March 25, 2026 as the earliest transaction date. (sec.gov) The filing’s Table I shows a March 16, 2026 entry coded “M” for an acquisition of 3,125 ordinary shares, increasing reported beneficial ownership to 50,425 shares. (sec.gov) A March 19, 2026 entry in the same table is coded “F” and records a disposition of 1,775 shares, leaving reported holdings at 48,650 shares after that transaction. (sec.gov) The March 25, 2026 line records an acquisition of 94,340 ordinary shares that raised total reported ownership to 142,990 shares, with the filing’s footnotes stating those shares represent ordinary shares issued upon vesting of RSUs under the company’s 2025 Omnibus Equity Incentive Plan and that the RSUs were valued at $1.59 per share on March 25, 2026. (sec.gov) Prior Form 4s for Zhu document a pattern of tax-withholding sales tied to RSU vesting, including a 20,077-share sale on August 21, 2025 at $2.714 per share and a 1,038-share sale on September 24, 2025 at $3.213 per share, both disclosed as executed to satisfy tax withholding on vested RSUs. (stocktitan.net) The March 27, 2026 Form 4 was submitted to EDGAR under accession number 0001213900-26-035849 and is viewable in the SEC filing index for Bit Digital, Inc. (BTBT). (sec.gov)
