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[6-K] BTC Digital Ltd. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Form 4 shows KLA Corp. (KLAC) EVP & CFO Bren D. Higgins settling tax withholdings triggered by scheduled RSU vesting, not an open-market trade. Two Code “F� transactions were reported:

  • 08/03/25: 722.381 shares withheld at $886.64 after 25 % of a 5,828-unit 2023 RSU grant vested.
  • 08/04/25: 738.743 shares withheld at the same price following 25 % vesting of a 5,961-unit 2022 RSU grant.

Post-withholding, Higgins directly owns 23,182.006 KLAC shares, including 13,213.912 unvested RSUs. Because Code “F� indicates share retention for taxes, the filing is routine and signals no directional change in insider sentiment or corporate outlook.

Il modulo 4 mostra che Bren D. Higgins, EVP e CFO di KLA Corp. (KLAC), ha regolato le ritenute fiscali generate dal vesting programmato delle RSU, non da una vendita sul mercato aperto. Sono state segnalate due transazioni con codice “F�:

  • 03/08/25: 722,381 azioni trattenute a 886,64 $ dopo il vesting del 25% di un premio RSU 2023 di 5.828 unità.
  • 04/08/25: 738,743 azioni trattenute allo stesso prezzo a seguito del vesting del 25% di un premio RSU 2022 di 5.961 unità.

Dopo le ritenute, Higgins possiede direttamente 23.182,006 azioni KLAC, comprese 13.213,912 RSU non ancora vestite. Poiché il codice “F� indica la trattenuta delle azioni per il pagamento delle tasse, la comunicazione è di routine e non segnala cambiamenti nella percezione interna o nelle prospettive aziendali.

El Formulario 4 muestra que Bren D. Higgins, EVP y CFO de KLA Corp. (KLAC), liquidó las retenciones fiscales generadas por el vesting programado de RSU, no por una operación en el mercado abierto. Se reportaron dos transacciones con código “F�:

  • 03/08/25: 722,381 acciones retenidas a $886.64 tras el vesting del 25 % de una concesión RSU de 5,828 unidades en 2023.
  • 04/08/25: 738,743 acciones retenidas al mismo precio luego del vesting del 25 % de una concesión RSU de 5,961 unidades en 2022.

Después de la retención, Higgins posee directamente 23,182.006 acciones de KLAC, incluyendo 13,213.912 RSU no adquiridas. Como el código “F� indica retención de acciones para impuestos, el informe es rutinario y no señala cambios en el sentimiento interno ni en las perspectivas corporativas.

서식 4� KLA Corp.(KLAC)� EVP � CFO� Bren D. Higgins가 예정� RSU 베스팅으� 인한 세금 원천징수� 정산했음� 보여주며, 이는 공개 시장 거래가 아닙니다. � 건의 코드 “F� 거래가 보고되었습니�:

  • 2025� 8� 3�: 2023� RSU 5,828 단위 � 25%가 베스팅된 � $886.64 가격으� 722.381주가 원천징수�.
  • 2025� 8� 4�: 2022� RSU 5,961 단위 � 25% 베스팅에 따라 같은 가격으� 738.743주가 원천징수�.

원천징수 � Higgins� 23,182.006 KLAC 주식� 직접 보유하고 있으�, � � 13,213.912주는 아직 베스팅되지 않은 RSU입니�. 코드 “F”는 세금 납부� 위한 주식 보유� 나타내므�, 이번 신고� 일상적인 것으� 내부 심리� 기업 전망� 방향� 변화를 의미하지 않습니다.

Le formulaire 4 montre que Bren D. Higgins, EVP et CFO de KLA Corp. (KLAC), a réglé les retenues fiscales déclenchées par le vesting programmé des RSU, et non par une transaction sur le marché ouvert. Deux transactions avec le code « F » ont été déclarées :

  • 03/08/25 : 722,381 actions retenues à 886,64 $ après le vesting de 25 % d’une attribution RSU 2023 de 5 828 unités.
  • 04/08/25 : 738,743 actions retenues au même prix suite au vesting de 25 % d’une attribution RSU 2022 de 5 961 unités.

Après retenue, Higgins détient directement 23 182,006 actions KLAC, dont 13 213,912 RSU non acquises. Comme le code « F » indique une conservation des actions pour le paiement des impôts, ce dépôt est routinier et ne signale aucun changement de tendance dans le sentiment des initiés ou les perspectives de l’entreprise.

Formular 4 zeigt, dass Bren D. Higgins, EVP und CFO von KLA Corp. (KLAC), Steuerabzüge abgewickelt hat, die durch planmäßiges RSU-Vesting ausgelöst wurden, nicht durch einen Handel am offenen Markt. Es wurden zwei Transaktionen mit Code „F� gemeldet:

  • 03.08.25: 722,381 Aktien zu 886,64 $ einbehalten nach 25 % Vesting einer 5.828 Einheiten umfassenden RSU-Zuteilung von 2023.
  • 04.08.25: 738,743 Aktien zum gleichen Preis einbehalten nach 25 % Vesting einer 5.961 Einheiten umfassenden RSU-Zuteilung von 2022.

Nach der Einbehaltung besitzt Higgins direkt 23.182,006 KLAC-Aktien, darunter 13.213,912 nicht vestete RSUs. Da Code „F� die Aktienbehaltung zur Steuerzahlung anzeigt, ist die Meldung routinemäßig und signalisiert keine Richtungsänderung in der Insider-Stimmung oder der Unternehmensperspektive.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding; no bullish or bearish signal.

These Code “F� dispositions reflect automatic share surrender to cover taxes on vested RSUs. Higgins retains a sizable holding (� 23 k shares), so equity exposure remains intact. No open-market selling or buying occurred, limiting market relevance. Neutral for valuation or sentiment models.

TL;DR: Standard Section 16 compliance; administrative.

The filing complies with Section 16(a) and Rule 10b5-1(c) disclosure standards. Transactions are plan-based, avoiding potential optics of opportunistic trading. No governance red flags emerge.

Il modulo 4 mostra che Bren D. Higgins, EVP e CFO di KLA Corp. (KLAC), ha regolato le ritenute fiscali generate dal vesting programmato delle RSU, non da una vendita sul mercato aperto. Sono state segnalate due transazioni con codice “F�:

  • 03/08/25: 722,381 azioni trattenute a 886,64 $ dopo il vesting del 25% di un premio RSU 2023 di 5.828 unità.
  • 04/08/25: 738,743 azioni trattenute allo stesso prezzo a seguito del vesting del 25% di un premio RSU 2022 di 5.961 unità.

Dopo le ritenute, Higgins possiede direttamente 23.182,006 azioni KLAC, comprese 13.213,912 RSU non ancora vestite. Poiché il codice “F� indica la trattenuta delle azioni per il pagamento delle tasse, la comunicazione è di routine e non segnala cambiamenti nella percezione interna o nelle prospettive aziendali.

El Formulario 4 muestra que Bren D. Higgins, EVP y CFO de KLA Corp. (KLAC), liquidó las retenciones fiscales generadas por el vesting programado de RSU, no por una operación en el mercado abierto. Se reportaron dos transacciones con código “F�:

  • 03/08/25: 722,381 acciones retenidas a $886.64 tras el vesting del 25 % de una concesión RSU de 5,828 unidades en 2023.
  • 04/08/25: 738,743 acciones retenidas al mismo precio luego del vesting del 25 % de una concesión RSU de 5,961 unidades en 2022.

Después de la retención, Higgins posee directamente 23,182.006 acciones de KLAC, incluyendo 13,213.912 RSU no adquiridas. Como el código “F� indica retención de acciones para impuestos, el informe es rutinario y no señala cambios en el sentimiento interno ni en las perspectivas corporativas.

서식 4� KLA Corp.(KLAC)� EVP � CFO� Bren D. Higgins가 예정� RSU 베스팅으� 인한 세금 원천징수� 정산했음� 보여주며, 이는 공개 시장 거래가 아닙니다. � 건의 코드 “F� 거래가 보고되었습니�:

  • 2025� 8� 3�: 2023� RSU 5,828 단위 � 25%가 베스팅된 � $886.64 가격으� 722.381주가 원천징수�.
  • 2025� 8� 4�: 2022� RSU 5,961 단위 � 25% 베스팅에 따라 같은 가격으� 738.743주가 원천징수�.

원천징수 � Higgins� 23,182.006 KLAC 주식� 직접 보유하고 있으�, � � 13,213.912주는 아직 베스팅되지 않은 RSU입니�. 코드 “F”는 세금 납부� 위한 주식 보유� 나타내므�, 이번 신고� 일상적인 것으� 내부 심리� 기업 전망� 방향� 변화를 의미하지 않습니다.

Le formulaire 4 montre que Bren D. Higgins, EVP et CFO de KLA Corp. (KLAC), a réglé les retenues fiscales déclenchées par le vesting programmé des RSU, et non par une transaction sur le marché ouvert. Deux transactions avec le code « F » ont été déclarées :

  • 03/08/25 : 722,381 actions retenues à 886,64 $ après le vesting de 25 % d’une attribution RSU 2023 de 5 828 unités.
  • 04/08/25 : 738,743 actions retenues au même prix suite au vesting de 25 % d’une attribution RSU 2022 de 5 961 unités.

Après retenue, Higgins détient directement 23 182,006 actions KLAC, dont 13 213,912 RSU non acquises. Comme le code « F » indique une conservation des actions pour le paiement des impôts, ce dépôt est routinier et ne signale aucun changement de tendance dans le sentiment des initiés ou les perspectives de l’entreprise.

Formular 4 zeigt, dass Bren D. Higgins, EVP und CFO von KLA Corp. (KLAC), Steuerabzüge abgewickelt hat, die durch planmäßiges RSU-Vesting ausgelöst wurden, nicht durch einen Handel am offenen Markt. Es wurden zwei Transaktionen mit Code „F� gemeldet:

  • 03.08.25: 722,381 Aktien zu 886,64 $ einbehalten nach 25 % Vesting einer 5.828 Einheiten umfassenden RSU-Zuteilung von 2023.
  • 04.08.25: 738,743 Aktien zum gleichen Preis einbehalten nach 25 % Vesting einer 5.961 Einheiten umfassenden RSU-Zuteilung von 2022.

Nach der Einbehaltung besitzt Higgins direkt 23.182,006 KLAC-Aktien, darunter 13.213,912 nicht vestete RSUs. Da Code „F� die Aktienbehaltung zur Steuerzahlung anzeigt, ist die Meldung routinemäßig und signalisiert keine Richtungsänderung in der Insider-Stimmung oder der Unternehmensperspektive.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2025

 

Commission File Number: 001-39258

 

BTC Digital Ltd.

61 Robinson Road Level 6 & 7

#738, Singapore 068893

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F       Form 40-F

 

 

 

 

 

 

On August 5, 2025, BTC Digital Ltd. (the “Company”) issued a press release encouraging shareholders to vote at the extraordinary general meeting, which was postponed to August 22, 2025.

 

A copy of the press release is attached hereto as Exhibit 99.1. The press release is qualified in its entirety by reference to the full text of such exhibit.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BTC Digital Ltd.
     
Date: August 5, 2025 By: /s/ Siguang Peng
  Name:  Siguang Peng
  Title: Chief Executive Officer

 

2

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release

 

3

 

FAQ

How many KLA (KLAC) shares did CFO Bren Higgins dispose of?

A total of 1,461.124 shares were withheld for taxes across two vesting events.

What price was used for the tax-withholding transactions?

Both withholdings were calculated at the $886.64 closing price on 08/01/25.

How many KLAC shares does the CFO now own?

Higgins now directly owns 23,182.006 shares, including unvested RSUs.

What does transaction code “F� mean on Form 4 filings?

Code “F� indicates shares were withheld by the issuer solely to pay taxes due on equity-award vesting.

Is this insider activity considered a sell signal for KLAC stock?

No; the shares were surrendered for tax purposes and do not reflect discretionary selling.
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