Fold Holdings, Inc. (NASDAQ:FLD) disclosed that Chief Financial Officer Wolfe Repass executed an open-market sale of 21,857 shares of common stock on February 19, 2026, at a price of $1.484 per share. The transaction generated roughly $32,435 and was made to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units.
Separately, Repass converted restricted stock units into common shares on February 18 and February 19, 2026, resulting in the acquisition of a combined 48,186 shares of Fold Holdings common stock. The sale and the RSU conversions occurred as FLD shares trade near a 52-week low of $1.40 and remain down 79% over the last 12 months.
InvestingPro commentary, cited alongside the filings, indicates the stock may be modestly undervalued at current levels and notes a low earnings multiple. The platform also references 14 additional InvestingPro Tips and a full Pro Research Report for investors seeking deeper analysis ahead of Fold Holdings’ February 25 earnings release.
In corporate developments, Fold has announced a 2026 strategic plan focused on simplifying its bitcoin-related services. A letter from CEO Will Reeves outlines changes that include removing subscription fees and launching a new credit card product capable of returning up to 4% back in bitcoin.
The company also confirmed its inclusion in the Russell 2000 Index, a benchmark for smaller U.S. companies. CEO Will Reeves characterized the index inclusion as an important milestone that should raise the company’s visibility among investors.
On the financing front, Fold Holdings amended its Master Loan Agreement with Two Prime Lending Limited. The amendment increases the interest rate on the facility from 6.5% to 8.5% per annum. It also modifies collateral requirements, lowering the Initial Collateral Level from 250% to 160%, along with other contractual adjustments disclosed in the amendment.
Collectively, the insider transactions, strategic product shifts, index inclusion, and loan amendment sketch a series of concurrent developments as Fold prepares for its upcoming earnings report. The filings show both personal tax-related liquidity moves by a senior executive and company-level changes intended to refine its financial position and market proposition.