Insider Trading February 24, 2026

Fold Holdings CFO completes RSU-related share sale as company outlines bitcoin service overhaul

Wolfe Repass sold shares to satisfy tax withholding obligations while converting a larger block of restricted stock units into common stock

By Sofia Navarro FLD
Fold Holdings CFO completes RSU-related share sale as company outlines bitcoin service overhaul
FLD

Fold Holdings, Inc. (NASDAQ: FLD) Chief Financial Officer Wolfe Repass sold 16,585 common shares on February 20 and 23, 2026 to cover tax-withholding tied to the vesting and settlement of restricted stock units. The transactions, executed at prices between $1.49 and $1.546 and totaling about $25,406, coincided with Repass converting 39,133 RSUs into common stock. The company’s shares are trading near a 52-week low of $1.40, having fallen 74% over the last year. Separately, Fold unveiled a 10-point plan to simplify its bitcoin services by 2026 and announced inclusion in the Russell 2000 Index.

Key Points

  • CFO Wolfe Repass sold 16,585 common shares on February 20 and 23, 2026 at prices between $1.49 and $1.546, generating about $25,406.
  • The dispositions were executed to satisfy tax-withholding obligations tied to the vesting and settlement of restricted stock units; Fold Holdings mandated the sales.
  • On the same dates, Repass converted 39,133 restricted stock units into common stock; FLD shares are trading near a 52-week low of $1.40 and are down 74% year-over-year.
  • Fold announced a 10-point plan to simplify bitcoin services by 2026, including eliminating subscription fees, launching a card offering up to 4% back in bitcoin, and shifting custody to a federally regulated national bank with BitGo insurance coverage of $250 million.

Fold Holdings, Inc. (NASDAQ: FLD) reported that Chief Financial Officer Wolfe Repass completed sales of company common stock on February 20 and February 23, 2026. The total number of shares sold was 16,585, and the aggregate proceeds were approximately $25,406. Reported execution prices for the sales ranged from $1.49 to $1.546 per share.

According to the company disclosure, those share dispositions were carried out to satisfy tax-withholding obligations tied to the vesting and settlement of restricted stock units. Fold Holdings mandated the sales to cover those withholding requirements.

On the same two dates, Repass also recorded a conversion of restricted stock units into common stock, receiving 39,133 shares through that process. The filings show the sale and the RSU conversion occurred concurrently.

Market context in the disclosure notes that Fold Holdings shares are trading near their 52-week low of $1.40, and the stock has declined roughly 74% over the past year.


Separately from the insider transactions, Fold Holdings announced a strategic 10-point plan aimed at simplifying the company’s bitcoin services by 2026. The plan, as disclosed by the company, includes several material changes to its pricing and product mix:

  • Elimination of subscription fees across the platform;
  • Introduction of a new credit card product offering up to 4% back in bitcoin;
  • Removal of Fold+ subscriptions and a move to a free platform model;
  • Implementation of transparent pricing with zero fees for recurring bitcoin purchases;
  • Enhancements to custody services through a federally regulated national bank relationship, with assets protected by BitGo’s $250 million insurance policy.

Fold Holdings also confirmed it has been added to the Russell 2000 Index, a benchmark for small-cap U.S. stocks. The company said the inclusion is expected to boost its market visibility and broaden investor awareness. Will Reeves, Fold’s Chairman and Chief Executive Officer, characterized the index inclusion as a significant milestone for the company.

For investors and analysts seeking additional valuation context on FLD, the company disclosure referenced paid research tools that offer further metrics and model-driven fair-value analysis across U.S. equities.

Risks

  • Share-price weakness: FLD is trading near its 52-week low of $1.40 and has declined about 74% over the past year - a material indicator of market risk for shareholders.
  • Insider transaction complexity: Repass’s simultaneous sale of 16,585 shares to cover tax withholding and conversion of 39,133 RSUs into common stock creates a mixed picture of insider activity that may complicate investor assessment.
  • Execution and market reception of strategic changes: Fold’s announced 10-point plan includes several major product and pricing shifts to be implemented by 2026, introducing execution and timing uncertainty for the payments and crypto services sectors.

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