According to Business Quant data, insiders at Marblegate Capital reported 10.73Mn shares in total in their latest Form 4 filings, or 14.52% of the 73.91Mn shares outstanding; that total is unchanged from the end of Q2 2026 and Q3 2025.
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Andrew Milgram | Chief Executive Officer | 0 | 10,424,568 | 10,424,568 | 49.3% | 21 Apr, 2025 |
| 2 | Paul Arrouet | President | 0 | 10,424,568 | 10,424,568 | 49.3% | 21 Apr, 2025 |
| 3 | Harvey Golub | Director | 0 | 304,673 | 304,673 | 1.4% | 21 Apr, 2025 |
| 4 | Jeffrey Kravetz | Chief Financial Officer | 400 | 0 | 400 | 0.0% | 08 Apr, 2025 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 17 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Disposed D | 5,289,072 | — | — | 0 | Indirect |
| 17 Apr, 2025 | Paul Arrouet | President | Disposed D | 5,289,072 | — | — | 0 | Indirect |
| 17 Apr, 2025 | Harvey Golub | Director | Acquired A | 23,028 | — | — | 304,673 | Indirect |
| 17 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 3,878,216 | — | — | 13,556,794 | Indirect |
| 17 Apr, 2025 | Paul Arrouet | President | Acquired A | 3,878,216 | — | — | 13,556,794 | Indirect |
| 17 Apr, 2025 | Harvey Golub | Director | Acquired A | 12,018 | $0.00 | $0 | 12,018 | Indirect |
| 17 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 843,947 | — | — | 10,424,568 | Indirect |
| 17 Apr, 2025 | Paul Arrouet | President | Acquired A | 843,947 | — | — | 10,424,568 | Indirect |
| 17 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 165,463 | — | — | 165,463 | Indirect |
| 17 Apr, 2025 | Paul Arrouet | President | Acquired A | 165,463 | $0.00 | $0 | 165,463 | Indirect |
| 07 Apr, 2025 | Jeffrey Kravetz | Chief Financial Officer | Acquired A | 400 | — | — | 400 | Direct |
| 07 Apr, 2025 | Harvey Golub | Director | Acquired A | 450 | — | — | 450 | Indirect |
| 07 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 450 | — | — | 450 | Direct |
| 07 Apr, 2025 | Paul Arrouet | President | Acquired A | 450 | — | — | 450 | Direct |
| 07 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 5,289,072 | — | — | 5,289,072 | Indirect |
| 07 Apr, 2025 | Paul Arrouet | President | Acquired A | 5,289,072 | — | — | 5,289,072 | Indirect |
| 07 Apr, 2025 | Harvey Golub | Director | Acquired A | 281,645 | — | — | 281,645 | Indirect |
| 07 Apr, 2025 | Paul Arrouet | President | Acquired A | 9,678,578 | — | — | 9,678,578 | Indirect |
| 07 Apr, 2025 | Andrew Milgram | Chief Executive Officer | Acquired A | 9,678,578 | — | — | 9,678,578 | Indirect |
| 07 Apr, 2025 | Paul Arrouet | President | Acquired A | 13,793,655 | — | — | 13,793,655 | Indirect |