NAHETA AKSHAY SUDHIR (Co-CEO) exercised options at BAKKT, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/18/2025ACC: 0002062543-25-000006
DirectorOfficer· Co-CEO
Since Mar 2025
0.00
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
803.86K acquired · 803.86K disposed
Non-Derivative Transactions1
Class A Common Stock
Direct
Shares
+803.86K
Price / share
—
Trade value
—
% of position
272.8%
11/14/2025
294.72K→1.10M
Total
Net shares
+803.86K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 11/14/2025 | M · Option Exercise | +803.86K | — | — | 272.8% | 294.72K | 1.10M |
| Total | +803.86K | $0.00 | ||||||
Derivative Transactions1
Performance Units
Direct
Converts to
Class A Common Stock
803.86K shares
Shares
−803.86K
Strike price
Held after
803.86K
Exercisable
—
11/14/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Units Direct | Class A Common Stock803.86K shares | 11/14/2025 | M · Option Exercise | −803.86K | — | 803.86K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Stock Option (right to buy)
DirectUnderlying security
Class A Common Stock
Underlying shares
1.31M
Shares owned
1.31M
Exercise price
10
Expiration
—
Exercise window
—
Total
Underlying
1.31M
Owned
1.31M
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Class A Common Stock | 10 | — | — | 1.31M | 1.31M |
| Total | 1.31M | 1.31M | ||||