SEC Form 4 · accession 0001193125-26-296692
Fold Holdings, Inc. · FLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Brian Poppic Reeves
Officer — Chief Executive Officer · 10% Owner
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 9:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001889123
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2026 | M | 1,075 | — | A | 5,474,252 | D | |
| Common StockF1 | Jul 1, 2026 | M | 11,548 | — | A | 5,485,800 | D | |
| Common Stock | Jul 2, 2026 | S | 4,453 | $0.492 | D | 5,481,347 | D | |
| Common Stock | Jul 2, 2026 | S | 415 | $0.492 | D | 5,480,932 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F3,F4 | — | Jul 1, 2026 | M | 1,075 | D | — | — | Common Stock | 1,075 | 3,224 | D |
| Restricted Stock UnitsF5,F3,F6 | — | Jul 1, 2026 | M | 11,548 | D | — | — | Common Stock | 11,548 | 57,742 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The sale reported on this Form 4 represents shares sold by Mr. Reeves to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by Mr. Reeves.
- F3Not applicable.
- F4The restricted stock units vest as to one-fourth of the underlying shares beginning on October 1, 2023 and thereafter in 48 equal monthly installments, subject to Mr. Reeves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition was deemed met upon the merger of Legacy Fold, Issuer and FTAC EMLD Merger Sub Inc. on February 14, 2025 (the "Merger").
- F5Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of July 24, 2024 (the "Merger Agreement"), by and among the Issuer (formerly FTAC Emerald Acquisition Corp.), FTAC EMLD Merger Sub Inc. and Fold, Inc. ("Legacy Fold"), pursuant to which each outstanding Legacy Fold RSU Award was automatically converted into an award of restricted stock units covering a number of shares of the Issuer's Common Stock based on the exchange ratio described in the Issuer's Registration Statement on Form S-4, as amended (Reg. No. 333-282520).
- F6The restricted stock units vest as to one-fourth of the underlying shares beginning on December 1, 2023 and thereafter in 48 equal monthly installments, subject to Mr. Reeves' continued service through the applicable vesting date and a liquidity event vesting condition. The liquidity event vesting condition was deemed met upon the Merger.
Remarks
Exhibit 24 - Power of Attorney (incorporated by reference to Exhibit 24 to the Reporting Person's Form 4 filed on February 20, 2026).