Fold Holdings CTO Thomas Dickman sells $2 in shares By Investing.com

Thomas J. Dickman, Chief Technology Officer at Fold Holdings, Inc. (), sold 6 shares of the company’s common stock on September 2, 2026. The shares were sold at a price of $0.457 each, totaling $2. This transaction was executed to cover tax withholding obligations stemming from the vesting and settlement of restricted stock units and was a mandated “sell to cover” transaction by the issuer, not a discretionary sale by Mr. Dickman. The timing comes as Fold Holdings trades at $0.49, near its 52-week low of $0.36, with the stock down 86% over the past year.

Earlier, on August 31, 2026, Mr. Dickman acquired 5,000 shares of common stock through Fold Holdings’ 2025 Employee Stock Purchase Plan. Under this plan, payroll deductions are accumulated to purchase shares at a 15% discount on the average selling price of the company’s common stock on the last trading day of the offering period.

Additionally, on September 1, 2026, 17 restricted stock units held by Mr. Dickman converted into an equal number of common stock shares. These restricted stock units originated from Legacy Fold RSU Awards and were converted following a merger, as detailed in the company’s registration statement. The units vest in installments, contingent on Mr. Dickman’s continued service and a liquidity event vesting condition, which was met upon the merger.

Following these reported transactions, Mr. Dickman beneficially owns 541,718 shares of Fold Holdings common stock and 207 restricted stock units. The company currently carries a market capitalization of $27 million and a WEAK financial health score. For deeper insights into Fold Holdings’ valuation and comprehensive analysis, investors can access the detailed Pro Research Report, available exclusively on InvestingPro for this and 1,400+ other US equities.

In other recent news, Fold Holdings announced a significant decline in its second-quarter revenue, reporting $6.1 million, which is a 26% decrease from the previous year. This figure fell short of analysts’ expectations, who had projected revenue of $8.83 million. The company did not disclose its earnings per share (EPS) results, though analysts had anticipated a loss of $0.1475 per share. These developments come amidst ongoing challenges in the cryptocurrency market, which have impacted Fold Holdings’ financial performance. While the company did not provide further details on its earnings call, the revenue miss highlights the pressures faced by firms operating in the crypto sector. No updates on mergers or acquisitions were provided. Additionally, there were no recent analyst upgrades or downgrades reported for Fold Holdings.

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