Fold Holdings, Inc. (NASDAQ: FLD) reported an insider sale by Chief Technology Officer Thomas J. Dickman, who disposed of 47 shares of common stock on March 20, 2026. The shares were sold at $1.246 each, producing proceeds of $58. The company confirmed the disposition was executed to cover tax withholding obligations arising from the vesting and settlement of restricted stock units.
The sale followed an RSU conversion the prior day - on March 19 Mr. Dickman converted 179 restricted stock units into common shares. Both transactions were reported in the company filings accompanying the insider activity.
Market context around the insider moves shows Fold Holdings’ shares trading at $1.50 at the time of reporting. That price represents an 81% decline over the past year, with the stock trading close to its 52-week low of $1.00.
Separately, Fold Holdings released fourth-quarter 2025 results that showed revenue of $9.1 million. That figure missed the consensus expectation of $10.89 million, a shortfall highlighted in analyst notes following the quarter. Cantor Fitzgerald trimmed its price target for the stock to $2.00 from $4.50 while keeping an Overweight rating, citing the revenue shortfall and an 8.5% quarter-over-quarter decline in transaction volume. H.C. Wainwright also reduced its price target to $3.00 from $7.00, pointing to current trading patterns even as the firm expressed continued optimism about the company’s product launches.
Fold Holdings has outlined strategic priorities it says are aimed at addressing its performance, including the launch of a Bitcoin Rewards Credit Card and initiatives intended to materially reduce debt. Those strategic initiatives were reiterated alongside the financial results as the company navigates the present operating environment.
Data points in brief
- Insider sale: 47 shares on March 20, 2026, at $1.246 per share, total $58 - to cover RSU tax withholding.
- RSU conversion: 179 restricted stock units converted to common stock on March 19, 2026.
- Share performance: trading at $1.50, down 81% year-over-year, near a 52-week low of $1.00.
- Q4 2025 revenue: $9.1 million versus $10.89 million expected; transaction volume fell 8.5% quarter-over-quarter.
- Analyst moves: Cantor Fitzgerald cut target to $2.00 (from $4.50) and kept Overweight; H.C. Wainwright cut target to $3.00 (from $7.00) but remained positive on product launches.
- Strategic actions: Bitcoin Rewards Credit Card launch and plans to substantially reduce debt.