Insider sales recorded
Chief Financial Officer James Jeremy William of MDB Capital Holdings, LLC (NASDAQ: MDBH) completed two sales of the company’s common stock that were disclosed on a Form 4 filed with the U.S. Securities and Exchange Commission. The transactions took place on January 23, 2026, and January 26, 2026, and together amount to $11,621 in proceeds.
Transaction details
On January 23, William sold 60 shares of MDB Capital Holdings at prices that ranged from $3.32 to $3.39 per share, producing total proceeds of $200.40. Three days later, on January 26, he sold 3,440 shares at prices between $3.30 and $3.34, generating $11,420.80. Following these sell orders, William directly owns 19,839 shares of the company’s common stock.
Purpose of the sales
The Form 4 filing specifies that both transactions were executed as "sell to cover" trades. The reported purpose of those sales is to satisfy mandatory, non-discretionary tax withholding obligations tied to the vesting of restricted stock grants.
Market context and valuation metrics
As of the most recent market data cited, MDB Capital is trading at $3.34 per share and carries a market capitalization of $33.96 million. InvestingPro analysis referenced in the filing indicates the stock has declined 47.4% over the last 12 months. The company is described as trading near its Fair Value and displays a low price-to-earnings ratio of 4.8 and a price-to-book ratio of 0.57.
Operational and financial snapshot
InvestingPro notes that MDB Capital is "quickly burning through cash," a condition highlighted alongside the low earnings multiple. The company’s recently reported third-quarter 2025 results show an earnings per share figure of -0.46 USD and revenue of 1.25 million USD for the quarter.
Corporate governance updates
MDB Capital also concluded its 2025 Annual Meeting of Stockholders. At that meeting shareholders elected seven directors to serve until the 2026 annual meeting and ratified the appointment of RBSM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The meeting reported participation representing 84.90% of the votes entitled to be cast, either in person or by proxy.
What this means
The filing attributes the insider sales to tax-related obligations tied to equity vesting rather than discretionary, opportunistic sales. The company’s valuation metrics and recent quarterly results, together with commentary that it is consuming cash rapidly, provide part of the financial backdrop against which these sell-to-cover transactions occurred.