Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 306

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 306
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 terminated for cause pursuant to his consulting agreement, which is described below. (5)Ms. Billingsley served as the Chief Executive Officer of Akerna through the Akerna Closing. Mr. Billingsley now serves on Gryphon’s board. On February 8, 2024, Gryphon’s Compensation Committee finalized the grant of bonuses to executive officers in connection with their performance in 2023 and in connection with the Akerna Closing. The Committee granted the following cash bonus, all of which, along with other unpaid compensation, was then settled in shares of Gryphon Common Stock pursuant to the Share Settlement Agreement with Jessica Billingsley. (6)The bonuses reported in this column reflect amounts earned as discretionary bonuses pursuant to the employment agreements Gryphon has entered into with Gryphon’s named executive officers. For more information on these agreements, see the employment agreement descriptions below. The 2024 bonuses reported for Gryphon’s named executive officers have not been paid. (7)The amounts reported in this column reflect the aggregate grant date fair value of shares granted to the applicable named executive officer as computed in accordance with ASC Topic 718. These amounts do not necessarily correspond to the actual value recognized by the applicable named executive officer. The assumptions used in the valuation of these awards are consistent with the valuation methodologies specified in Note 1 to Gryphon’s consolidated financial statements. (8)The amounts shown in this column reflect fees Gryphon’s named executive officers received for service on the Gryphon Board.

167

Compensation Comparison for all PEOs
For the Year Ended December 31, 2024

| PEO                |     | Total         
 Compensation  
 Actually Paid 
 as Defined    
 by SEC        
 Item 402(v)   |           |     | Cash         
 Compensation 
 as expensed  
 by the       
 Company      |         |
|:-------------------|:----|:--------------|----------:|:----|:-------------|--------:|
| Steve Gutterman    |     | $             | 1,025,411 |     | $            | 170,250 |
| Rob Chang          |     | $             |   315,092 |     | $            | 209,196 |
| Jessica Billingsly |     | $             |   892,139 |     | $            |  66,573 |

Compensation Comparison for all PEOs
For the Year Ended December 31, 2023

| PEO                |     | Total         
 Compensation  
 Actually Paid