Fold Holdings Inc. Chief Executive Officer William Brian Poppic Reeves sold a total of $9,143 worth of common stock over two transactions on August 20 and 21, 2026, according to regulatory filings.
The sales were executed to satisfy tax withholding obligations associated with the vesting and settlement of restricted stock units, as required under company policy. On August 20, Reeves disposed of 8,911 shares at $0.476 per share, followed by the sale of an additional 10,045 shares at $0.488 each the next day. After these transactions, Reeves retains direct ownership of 5,450,417 shares of Fold Holdings common stock.
Fold Holdings' shares have declined 86% over the past 12 months, trading at levels that InvestingPro analysis describes as highly volatile. The company reported a 26% year-over-year drop in revenue for the second quarter of 2026, totaling $6.1 million, which fell short of analyst expectations of $8.83 million. Analysts had projected a loss of $0.1475 per share for the quarter, though the company did not disclose its actual earnings per share.
InvestingPro noted that Fold Holdings has been unprofitable over the last twelve months but suggested the stock may be undervalued at current levels. The company's financial performance has been pressured by broader weakness in the cryptocurrency market, which has weighed on its business operations.
