[Form 4] BTCS Inc. Insider Trading Activity
Director Michal Handerhan sold 333,333 shares of BTCS Inc. on 08/18/2025, reducing her direct holdings to 1,308,248 shares. The Form 4 reports the disposition as a non鈥慸erivative transaction priced at $0 per share (indicating a disposition event rather than a report of proceeds on the form). The filing is signed by the reporting person and indicates the report was filed individually.
La dirigente Michal Handerhan ha venduto 333,333 azioni di BTCS Inc. il 08/18/2025, riducendo la sua partecipazione diretta a 1,308,248 azioni. Il Modulo 4 riporta la cessione come operazione non derivativa a prezzo di $0 per azione (a indicare un evento di disposizione anzich茅 la segnalazione di proventi nel modulo). La dichiarazione 猫 firmata dalla persona che effettua la segnalazione e indica che il rapporto 猫 stato presentato a titolo individuale.
La directora Michal Handerhan vendi贸 333,333 acciones de BTCS Inc. el 08/18/2025, reduciendo su participaci贸n directa a 1,308,248 acciones. El Formulario 4 informa la disposici贸n como una transacci贸n no derivada con un precio de $0 por acci贸n (lo que indica un evento de disposici贸n en lugar de un informe de ingresos en el formulario). La presentaci贸n est谩 firmada por la persona que reporta e indica que el informe se present贸 de forma individual.
鞛勳洂 Michal Handerhan電� 2025-08-18(08/18/2025)鞐� BTCS Inc. 欤检嫕 333,333欤茧ゼ 毵る弰頃橃棳 歆侁皠鞝� 氤挫湢 欤检嫕鞚� 1,308,248欤茧 欷勳榾鞀惦媹雼�. Form 4電� 頃措嫻 觳橂秳鞚� 欤茧嫻 $0鞚� 臧�瓴╈溂搿� 氤搓碃霅� 牍勴寣靸� 瓯半灅搿� 旮办灛頃橁碃 鞛堨姷雼堧嫟(鞚措姅 鞏戨弰 鞚措菠韸鸽ゼ 鞚橂頃橂┌ 鞏戩嫕靸� 靾橃澋 鞁犼碃臧� 鞎勲嫎鞚� 雮橅儉雰呺媹雼�). 鞝滌稖 氍胳劀電� 氤搓碃鞛愱皜 靹滊獏頄堨溂氅� 臧滌澑 鞛愱博鞙茧 鞝滌稖霅橃棃鞚岇潉 響滌嫓頃╇媹雼�.
La dirigeante Michal Handerhan a vendu 333,333 actions de BTCS Inc. le 08/18/2025, r茅duisant ses participations directes 脿 1,308,248 actions. Le Formulaire 4 indique la disposition comme une op茅ration non d茅riv茅e au prix de 0 $ par action (ce qui signale un 茅v茅nement de cession plut么t qu鈥檜ne d茅claration de produits sur le formulaire). Le d茅p么t est sign茅 par la personne d茅clarante et pr茅cise que le rapport a 茅t茅 d茅pos茅 脿 titre individuel.
Direktorin Michal Handerhan verkaufte am 08/18/2025 333,333 Aktien von BTCS Inc. und reduzierte damit ihre direkten Best盲nde auf 1,308,248 Aktien. Das Formular 4 meldet die Ver盲u脽erung als nicht鈥慸erivative Transaktion zum Preis von $0 pro Aktie (was auf ein Dispositionsereignis hinweist und nicht auf die Meldung von Erl枚sen im Formular). Die Einreichung ist vom meldenden Personen unterschrieben und gibt an, dass der Bericht individuell eingereicht wurde.
- Disclosure was timely and properly filed with signature and transaction date provided
- Post鈥憈ransaction beneficial ownership is disclosed (1,308,248 shares), providing transparency
- Director disposed of 333,333 common shares, which may be viewed negatively by some investors
- Form does not explain the reason or method for the $0 reported price (no indication of proceeds or 10b5鈥�1 plan)
Insights
TL;DR: A company director reported a significant sale of common stock, lowering direct holdings to 1.31 million shares.
The Form 4 discloses a direct disposition of 333,333 common shares by Director Michal Handerhan on 08/18/2025, leaving 1,308,248 shares beneficially owned. The report lists the transaction code as a disposition and shows a reported price of $0, which on Form 4s can reflect a non鈥憁onetary transfer, gift, or other non鈥慶ash disposition method; the form itself does not specify proceeds or rationale. For investors, insider sales can signal personal liquidity needs or portfolio rebalancing but the filing contains no explanation for the sale, so impact is ambiguous.
TL;DR: Insider sale disclosed; filing lacks context about reason or method, so governance implications are unclear.
The director-level sale of 333,333 shares is disclosed clearly with the post鈥憈ransaction ownership noted. The Form 4 is complete with signature and date but does not include explanatory detail such as whether the transaction was pursuant to a Rule 10b5鈥�1 plan or a gift. From a governance perspective, absence of contextual information limits ability to assess whether the sale raises concerns about information asymmetry or routine portfolio management.
La dirigente Michal Handerhan ha venduto 333,333 azioni di BTCS Inc. il 08/18/2025, riducendo la sua partecipazione diretta a 1,308,248 azioni. Il Modulo 4 riporta la cessione come operazione non derivativa a prezzo di $0 per azione (a indicare un evento di disposizione anzich茅 la segnalazione di proventi nel modulo). La dichiarazione 猫 firmata dalla persona che effettua la segnalazione e indica che il rapporto 猫 stato presentato a titolo individuale.
La directora Michal Handerhan vendi贸 333,333 acciones de BTCS Inc. el 08/18/2025, reduciendo su participaci贸n directa a 1,308,248 acciones. El Formulario 4 informa la disposici贸n como una transacci贸n no derivada con un precio de $0 por acci贸n (lo que indica un evento de disposici贸n en lugar de un informe de ingresos en el formulario). La presentaci贸n est谩 firmada por la persona que reporta e indica que el informe se present贸 de forma individual.
鞛勳洂 Michal Handerhan電� 2025-08-18(08/18/2025)鞐� BTCS Inc. 欤检嫕 333,333欤茧ゼ 毵る弰頃橃棳 歆侁皠鞝� 氤挫湢 欤检嫕鞚� 1,308,248欤茧 欷勳榾鞀惦媹雼�. Form 4電� 頃措嫻 觳橂秳鞚� 欤茧嫻 $0鞚� 臧�瓴╈溂搿� 氤搓碃霅� 牍勴寣靸� 瓯半灅搿� 旮办灛頃橁碃 鞛堨姷雼堧嫟(鞚措姅 鞏戨弰 鞚措菠韸鸽ゼ 鞚橂頃橂┌ 鞏戩嫕靸� 靾橃澋 鞁犼碃臧� 鞎勲嫎鞚� 雮橅儉雰呺媹雼�). 鞝滌稖 氍胳劀電� 氤搓碃鞛愱皜 靹滊獏頄堨溂氅� 臧滌澑 鞛愱博鞙茧 鞝滌稖霅橃棃鞚岇潉 響滌嫓頃╇媹雼�.
La dirigeante Michal Handerhan a vendu 333,333 actions de BTCS Inc. le 08/18/2025, r茅duisant ses participations directes 脿 1,308,248 actions. Le Formulaire 4 indique la disposition comme une op茅ration non d茅riv茅e au prix de 0 $ par action (ce qui signale un 茅v茅nement de cession plut么t qu鈥檜ne d茅claration de produits sur le formulaire). Le d茅p么t est sign茅 par la personne d茅clarante et pr茅cise que le rapport a 茅t茅 d茅pos茅 脿 titre individuel.
Direktorin Michal Handerhan verkaufte am 08/18/2025 333,333 Aktien von BTCS Inc. und reduzierte damit ihre direkten Best盲nde auf 1,308,248 Aktien. Das Formular 4 meldet die Ver盲u脽erung als nicht鈥慸erivative Transaktion zum Preis von $0 pro Aktie (was auf ein Dispositionsereignis hinweist und nicht auf die Meldung von Erl枚sen im Formular). Die Einreichung ist vom meldenden Personen unterschrieben und gibt an, dass der Bericht individuell eingereicht wurde.
FAQ
What did BTCS insider Michal Handerhan report on Form 4?
When was the transaction by the BTCS director reported?
Does the Form 4 state how much the director received for the shares?
Is there an indication the sale was part of a 10b5鈥�1 plan?
How many shares does Michal Handerhan beneficially own after the disposition?
