Abits Group CEO Deng Conglin's RSU Settlement and Share Acquisition

2026-04-17SEC Filing 4 (0001493152-26-017969)

This Form 4 filing reports that Deng Conglin, CEO and Director of Abits Group Inc (ABTS), acquired 40,000 ordinary shares on April 15, 2026, through the settlement of vested restricted stock units (RSUs). The RSUs had vested on December 31, 2025, and converted to ordinary shares at a price of $0 per share. Following this transaction, Conglin directly holds 77,355 ordinary shares. Additionally, the filing discloses indirect holdings through controlled entities: 10,666 ordinary shares and 333,333 preferred shares held by Bridgeforrest (BVI) Inc, plus 373,333 ordinary shares held by a family trust. The CEO disclaims beneficial ownership of the trust shares except to the extent of his pecuniary interest. The deemed execution date for the transaction was March 30, 2026.