William Brian Poppic Reeves, CEO and 10% owner of Fold Holdings, Inc. (NASDAQ:FLD), recently sold $18,519 worth of company common stock. The transactions occurred over two days, with prices ranging from $0.985 to $1.064 per share.
According to a Form 4 filing, Mr. Reeves disposed of 9,221 shares on May 26, 2026, at $1.064 per share, and 8,841 shares on May 27, 2026, at $0.985 per share. The sales coincide with a 76% decline in the stock over the past year, trading 81% below its 52-week high of $5.30.
These were not discretionary transactions by Mr. Reeves. The shares were sold to cover tax withholding obligations related to the vesting of restricted stock units. Bond.az analysis suggests the stock may be undervalued, but profitability challenges persist.
Following the sales, Mr. Reeves directly holds 5,474,306 shares. In other news, Fold Holdings reported Q1 2026 EPS of -$0.59 (vs. estimate -$0.13) and revenue of $5.59 million (vs. estimate $10.09 million). The company also secured a $150 million credit facility.
