American Bitcoin Corp. Director Buys 306,981 Shares
American Bitcoin Corp. (NASDAQ: ABTC) director Justin Mateen recently made two open-market purchases of the company's Class A Common Stock, acquiring a total of 306,981 shares on August 5 and 6, 2026.
The first purchase occurred on August 6, 2026, when Mateen bought 162,438 shares at a weighted average price of $6.1873 per share. The second purchase took place on August 5, 2026, where he acquired 144,543 shares at a weighted average price of $6.3964 per share.
It's worth noting that these transactions are not reported as being under a Rule 10b5-1 trading plan. This type of plan allows company insiders to buy or sell stock at specific times, making the purchases look planned and transparent rather than sneaky or illegal.
The prices mentioned above are weighted average prices, which take into account each trade's size in calculating the overall average price paid or received. Detailed per-trade prices for these transactions are available upon request.