Belshe Michael 4/A

What Happened

• Michael Belshe, a reported 10% owner of BitGo Holdings, had 119,219 shares of Class A common stock withheld by the issuer to satisfy tax withholding obligations related to the net settlement of restricted stock units. The withholding was recorded at $18.00 per share, a total value of $2,145,942. This transaction is coded “F” (payment of exercise price or tax liability) and represents shares retained by the company, not an open-market sale.

Key Details

• Transaction date: 2026-01-21; Price per share: $18.00; Shares withheld/disposed: 119,219; Total value: $2,145,942.
• Shares owned after the transaction: Not specified in the provided filing summary.
• Footnote: F1 — Issuer withheld the shares to satisfy tax withholding on net-settled RSUs.
• Filing status: This is an amended Form 4 (filed 2026-03-25) correcting the number of shares withheld (remarks reference correction to an earlier filing).

Context

• This was a tax-withholding/net-settlement event tied to RSU vesting — common practice where the company retains shares to cover required taxes. It is not the same as an open-market sale and generally reflects routine tax handling rather than a directional trade signal.
• As a 10% owner, Belshe’s holdings are reportable under insider rules; the transaction code F indicates tax-related withholding rather than a purchase (P) or voluntary sale (S).