Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 299

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 299
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2024 |     | 229,321 |     |       — |     |   885,248 |     |       66,573 |     | 1,181,142 |
| Former Chief Executive Officer  |     | 2023 |     | 289,046 |     | 134,130 |     |         — |     |        6,988 |     |   430,164 |

____________ (1)Mr. Gutterman was appointed as Gryphon’s Chief Executive Officer on September 17, 2024. Prior to the appointment, Mr. Gutterman served as a member of the Gryphon Board. (2)Mr. Salzman became Gryphon’s Chief Financial Officer in connection with the Akerna Closing. Mr. Salzman informed Gryphon of his decision to voluntarily resign from his position effective November 15, 2024, on July 29, 2024. In connection with such resignation announcement, Mr. Salzman and Gryphon entered into a letter agreement pursuant to which Mr. Salzman would remain as Gryphon’s Chief Executive Officer through November 15, 2024. On September 26, 2024, Mr. Salzman and Gryphon agreed to rescind his letter agreement and amend his original employment in connection with Mr. Salzman’s agreement to continue serving as Gryphon’s Chief Financial Officer. The terms of Mr. Salzman’s amended employment agreement are described below. (3)Mr. Gallie joined Gryphon as its Senior Vice President on December 12, 2024. (4)Mr. Chang served as the Chief Executive Officer of Gryphon through the Akerna Closing and of the combined company through September 17, 2024, at which time he was 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 Gry