This cluster is routine — three executives selling small amounts for tax or personal liquidity. The CEO's large equity grant suggests retention alignment, not a bearish signal. Monitor for any late filing or offering news that could amplify context, but standalone this is noise.
Price Chart
Executive Summary
Three Bakkt executives (CFO, General Counsel, COO) sold a combined $99K in open-market shares on April 28, 2026, at $9.13 per share. The CEO received a large non-cash equity grant of 7.9M shares on April 30, which has zero economic value. The sales represent ~0.04% of market cap — trivial and routine. The cross-filing context includes amplifiers for insider trades + late filing/offering/press, but the dollar amount is too small to warrant an elevated score.
Key Financial Metrics
Key Facts
- Three C-suite insiders sold a total of $98,832 in open-market sales on April 28, 2026
- CEO received 7,927,831 shares via non-cash grant on April 30 — no economic signal
- Total sales represent ~0.04% of $262M market cap — below materiality threshold
- All sales executed at $9.13 per share; no insider buying in the cluster
Financial Impact
Total insider sales of ~$99K, representing 0.04% of market cap — immaterial
Risk Factors
- Cross-filing amplifiers (insider trades + late filing/offering/press) are statistically significant — any upcoming negative news could retroactively make these sales look informed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BKKT-1777938291132 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | 25-NSE | $5.90 $5.24 | ▲ +11.19% | ▲ +10.17% | $5.06 (+14.24%) |
Aug 27, 2026 8w ago | 3 | $8.42 $8.38 | ▼ −0.48% | ▼ −0.74% | $5.06 (−39.90%) |
Aug 20, 2026 9w ago | Court Ruling | $7.50 $8.42 | ▲ +12.27% | ▲ +11.15% | $5.06 (−32.53%) |
Aug 19, 2026 9w ago | Insider Buy | $7.74 $8.23 | ▲ +6.33% | ▲ +6.72% | $5.06 (−34.63%) |
Aug 17, 2026 10w ago | 8-K | $7.12 $8.18 | ▲ +14.89% | ▲ +16.08% | $5.06 (−28.93%) |
Aug 10, 2026 11w ago | 8-K | $7.37 $6.93 | ▲ +5.97% | ▲ +5.57% | $5.06 (+31.34%) |
Aug 8, 2026 11w ago | Institutional Cluster | $7.65 $7.12 | ▼ −6.93% | ▼ −6.88% | $5.06 (−33.86%) |
Jul 27, 2026 13w ago | Press Release | $7.47 | awaiting T+5 | — | $5.06 (−32.26%) |
Jul 7, 2026 16w ago | Court Ruling | $8.36 $8.26 | ▼ −1.20% | ▼ −2.46% | $5.06 (−39.47%) |
Jun 29, 2026 17w ago | Insider Cluster | $7.81 $8.61 | ▲ +10.24% | ▲ +9.64% | $5.06 (−35.21%) |
US Market Status
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