Tabar Samir 4

What Happened
Samir Tabar, CEO of Bit Digital, acquired 150,000 ordinary shares on March 25, 2026 through a derivative exercise/conversion and an associated RSU award. The RSUs were performance‑based, granted and immediately vested; the shares were valued at $1.59 each on the vesting date, implying an approximate total value of $238,500. These were acquisitions (not sales) and reflect compensation-related issuance, not an open‑market purchase.

Key Details

• Transaction date: March 25, 2026.
• Report filed: March 27, 2026 (no late filing penalty indicated).
• Reported transactions:
  • Code M (exercise/conversion of derivative): 150,000 shares acquired (price N/A).
  • Code A (grant/award): 150,000 RSUs granted @ $0.00 (converted to shares on vesting).
• Valuation: RSUs valued at $1.59/share on March 25, 2026 per filing (150,000 × $1.59 ≈ $238,500).
• Shares owned after the transaction: Not reported in the provided excerpt.
• Footnotes: RSUs were granted under the 2025 Omnibus Equity Incentive Plan, were performance‑based, issued in an exempt transaction under Rule 16b‑3, and immediately vested on the grant date.

Context
This acquisition arises from company compensation (RSUs that vested and converted to ordinary shares) rather than an open‑market purchase; such awards are common for executives and don’t necessarily indicate a direct trading signal. The filing shows the mechanics (grant + conversion) typical of RSU awards that vest and become shares immediately.