Bitcoin Depot Inc.

The filing details significant leadership restructuring and compensation arrangements at Bitcoin Depot Inc. W. Alexander Holmes has formally entered into an employment agreement to serve as Chief Executive Officer and Chairman of the Board, effective March 27, 2026. His compensation package is robust, featuring a $1 million annual base salary, a target annual bonus of 100% of base salary, and a guaranteed minimum bonus of $500,000 for 2026. Additionally, he received a $500,000 sign-on bonus and a performance cash award with a target value of $1.5 million. The company also granted him 742,574 restricted stock units, vesting over three years. The agreement includes substantial severance protections, offering up to 18 months of salary and bonus in the event of termination without cause following a change in control.

Concurrently, the company secured its financial leadership by entering into a retention bonus agreement with CFO David Gray, providing a $900,000 retention bonus paid in installments, contingent on his continued service. Furthermore, Christopher Ryan was appointed as General Counsel and Corporate Secretary. Mr. Ryan, who previously served as Chief Legal Officer, returns to the company with an annual base salary of $400,000, a target bonus of 50%, a $300,000 retention bonus, and a grant of 99,010 RSUs. These moves suggest a strategic effort by Bitcoin Depot to stabilize and incentivize its core executive team following recent leadership transitions.