---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-002205"
form_type: "8-K"
ticker: "BTCS"
cik: "0001436229"
company_name: "BTCS Inc."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-06T23:51:15.147940+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# BTCS reallocates 100K declined RSUs to two executives; each gets 50K vesting over 5 years

## Summary
- CEO Charles Allen and COO Michal Handerhan declined 50,000 RSUs each granted Jan 1, 2024.
- Compensation Committee reallocated the 100,000 declined RSUs to Manish Paranjape and Michael Prevoznik.
- Each executive received 50,000 RSUs vesting annually in five increments starting Dec 31, 2024.
- Issuance exempt under Section 4(a)(2) of Securities Act and Rule 506 of Regulation D.

## SEC filing metadata
- accession: 0001493152-24-002205
- form_type: 8-K
- ticker: BTCS
- cik: 0001436229
- company_name: BTCS Inc.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436229/000149315224002205/0001493152-24-002205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436229/000149315224002205/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-002205
- JSON: https://secwatch.observer/filing/0001493152-24-002205.json
- Plain text: https://secwatch.observer/filing/0001493152-24-002205.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.