Form 4 Filing for Bakkt, Inc. - Insider Transaction

This Form 4 filing details a transaction by Marc D'Annunzio, General Counsel & Secretary of Bakkt, Inc. On May 15, 2026, D'Annunzio acquired 1,677 shares of Class A Common Stock at a price of $10.00 per share. This transaction resulted in a post-transaction ownership of 111,736 shares. Additionally, D'Annunzio exercised stock options for 1,677 shares of Class A Common Stock. These options, granted on July 29, 2025, have an exercise price of $10.00 and vest quarterly. The exercise resulted in a post-transaction ownership of 130,874 shares. Footnote 1 indicates that 14,861 shares are subject to unvested restricted and performance stock units. Footnote 2 provides details on the stock option terms, including a commitment to exercise quarterly and potential forfeiture if not exercised.