Fold Holdings CFO repass Wolfe sells $613 of FLD stock

Repass Wolfe, the Chief Financial Officer (CFO) of Fold Holdings, Inc. (NASDAQ:FLD), sold a total of $613 worth of the company's common stock on September 2, 2026. The transaction involved the sale of 1,342 shares, each priced at $0.457 per share. As of the current market price, the stock trades at $0.49, although it has experienced an 86% decline over the past year due to broader challenges faced by the company.

These sales were made to fulfill tax withholding obligations related to the vesting and settlement of restricted stock units, as per Fold Holdings' policy. This requirement mandates that such tax obligations be met through a sell transaction, indicating that Repass's sale was not a discretionary decision. Prior to the sales, Repass acquired an additional 4,195 shares on September 1, 2026, through the conversion of restricted stock units following their vesting and the fulfillment of a liquidity event condition.

As a result of these transactions, Repass now holds a beneficial ownership of 737,150 shares of Fold Holdings, Inc. common stock. Despite the recent struggles of the stock, InvestingPro's analysis suggests that the company may be undervalued at its current price. For a comprehensive analysis, including 10 ProTips and detailed Pro Research Reports on FLD and 1,400+ US equities, readers are directed to InvestingPro's undervalued stocks list.

Recently, Fold Holdings reported a significant decline in its second-quarter revenue, which fell 26% year-over-year, amounting to $6.1 million, which was below the expected $8.83 million. The company did not provide actual earnings per share (EPS) results, with analysts projecting a loss of $0.1475 per share for the quarter. These financial challenges are unfolding amid ongoing issues in the crypto market, which have negatively impacted Fold Holdings' performance.

The company has not disclosed any new information regarding potential mergers or acquisitions, nor have there been any analyst upgrades or downgrades reported for Fold Holdings in the recent period. Investors are advised to monitor any future announcements from the company. This report was produced with the assistance of AI and reviewed by an editor for accuracy. For further details, readers are referred to the Terms and Conditions.