Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 318

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 318
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 as reported on Nasdaq over the five business day period following the first public announcement of the entry into the Merger Agreement. Certain equity awards that would be unvested as of May20, 2025 and included in the table below may vest independently of and prior to, the merger pursuant to their terms. As a result, the actual amounts, if any, to be received by a named executive officer may materially differ from the amounts set forth below. Rob Chang and Jessica Billingsley, each a former Chief Executive Officer of Gryphon, are not entitled to any compensation in connection 173

with the Mergers that could be considered “golden parachute” compensation, so they are excluded from the disclosure and discussion below. Gryphon’s named executive officers’ employment agreements are described in further detail in the section entitled “ Gryphon Executive Compensation” of this proxy statement/prospectus.

| Name                                         |     |    Cash 
  ($)(1) |     |    Equity 
    ($)(2) |     | Perquisites/ 
     Benefits 
       ($)(3) |     |     Total 
       ($) |
| Steve Gutterman – Chief Executive Officer(4) |     | 675,000 |     | 1,553,630 |     |       62,164 |     | 2,290,794 |
| Sim Salzman – Chief Financial Officer(5)     |     | 412,500 |     |         — |     |            — |     |   412,500 |
| Eric Gallie – Senior Vice President(6)       |     | 250,000 |     |   585,000 |     |            — |     |   835,000 |

____________ (1)Cash Amounts Steve Gutterman The cash amount disclosed for Mr. Gutterman is payable pursuant to his employment agreement and presumes Mr. Gutterman incurs a “qualifying termination” (as defined in his employment agreement, generally a termination without cause or for good reason) in connection with the Mergers (within thirty days prior to or twelve months following). Upon such qualifying termination, Mr. Gutterman is entitled to receive one times his base salary ($450,000, which can be triggered only by Mr. Gutterman’s qualifying termination) and one-half of his target bonus ($225,000, which is triggered by both a qualifying termination and change in control within thirty days prior to or twelve months following such change in control). The cash