AVAT · Avalanche Treasury Corp · Insider Trading
The latest filing states the doubt was alleviated.
“Based on the improved liquidity profile and the removal of the previously identified uncertainties, management has concluded that substantial doubt about the Company’s ability to continue as a going concern is alleviated for the twelve-month look-forward period from the date of the filing of this 10-Q.”View the 10-Q filed Aug 19, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-10-05 | Smith Gerald Bartholomew |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of RSUs. |
Class A Common Stock
|
34,369 |
| 2026-10-05 | Moljo Laine Mihalchick |
Chief Operating Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of RSUs. |
Class A Common Stock
|
15,808 |
| 2026-09-30 | Smith Gerald Bartholomew |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of RSUs. |
Class A Common Stock
|
35,956 |
| 2026-09-30 | Moljo Laine Mihalchick |
Chief Operating Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of RSUs. |
Class A Common Stock
|
18,569 |
| 2026-09-30 | Ostrower Sean William |
Chief Financial Officer |
Tax↓
Filing footnotes — Class A Common Stock (Direct)
Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding upon the vesting of RSUs. |
Class A Common Stock
|
15,541 |
| 2026-09-28 | Moljo Laine Mihalchick |
Chief Operating Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents a grant of restricted stock units ("RSUs") on September 28, 2026. The RSUs will vest 1/4 on each of the first four six-month anniversaries of October 1, 2025. Each RSU represents a contingent right to receive one share of Class A common stock. |
Class A Common Stock
|
200,000 |
| 2026-09-28 | Smith Gerald Bartholomew |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents a grant of restricted stock units ("RSUs") on September 28, 2026. The RSUs will vest 1/6 on each of the first six six-month anniversaries of October 1, 2025. Each RSU represents a contingent right to receive one share of Class A common stock. |
Class A Common Stock
|
750,000 |
| 2026-09-28 | Ostrower Sean William |
Chief Financial Officer |
Award↑
Filing footnotes — Class A Common Stock (Direct)
Represents a grant of restricted stock units ("RSUs") on September 28, 2026. The RSUs will vest 1/8 on each of the first eight six-month anniversaries of March 9, 2026. Each RSU represents a contingent right to receive one share of Class A common stock. |
Class A Common Stock
|
299,401 |
| 2026-09-14 | Hadick Robert M |
Director |
Other↓
Filing footnotes — Class A Common Stock (Indirect)
Represents shares of Class A common stock sold to the Issuer pursuant to a Stock Repurchase Agreement, dated September 14, 2026, between Astral and the Issuer (the "Stock Repurchase Agreement"). Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any. |
Class A Common Stock
(I)
|
132,396 |
| 2026-09-11 | Hadick Robert M |
Director |
Gift↓
Filing footnotes — Class A Common Stock (Indirect)
Represents shares of Class A common stock transferred from Astral Horizon, L.P., a Delaware limited partnership ("Astral"), to unaffiliated entities and one individual for no consideration. Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any. |
Class A Common Stock
(I)
|
815,000 |
| 2026-09-08 | Gambale Virginia |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Represents the annual award of stock options for his service as director. The annual option awards vest in full on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the first annual meeting of the Company's stockholders to occur following the Grant Date, subject to the director's continued service with the Company or an affiliate through the vesting date. |
Stock Option (Right to Buy)
|
10,751 |
| 2026-09-08 | Gambale Virginia |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Represents the initial award of stock options for his service as director. The initial option awards vest in three equal installments during each of the first three 12-month periods following the Grant Date on the earlier to occur during each such 12-month period of (i) the anniversary of the Grant Date and (ii) the annual meeting of the Company's stockholders, subject to the director's continued service with the Company or an affiliate through the vesting date. |
Stock Option (Right to Buy)
|
66,512 |
| 2026-08-27 | Grinberg Paul |
Director, CEO, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Represents the initial award of stock options for his service as director. The initial option awards vest in three equal installments during each of the first three 12-month periods following the Grant Date on the earlier to occur during each such 12-month period of (i) the anniversary of the Grant Date and (ii) the annual meeting of the Company's stockholders, subject to the director's continued service with the Company or an affiliate through the vesting date. |
Stock Option (Right to Buy)
|
66,363 |
| 2026-08-27 | Grinberg Paul |
Director, CEO, 10% Owner |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Represents the annual award of stock options for his service as director. The annual option awards vest in full on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the first annual meeting of the Company's stockholders to occur following the Grant Date, subject to the director's continued service with the Company or an affiliate through the vesting date. |
Stock Option (Right to Buy)
|
26,908 |
| 2026-08-25 | Hadick Robert M |
Director |
Other↓
Filing footnotes — Class A Common Stock (Indirect)
Represents shares of Class A common stock repurchased by the Issuer to satisfy tax withholding in connection with the issuance of 2,000,000 post-closing shares to Astral Horizon, L.P., a Delaware limited partnership ("Astral") pursuant to the Business Combination Agreement (as amended) dated October 1, 2025 by and among the Issuer, Mountain Lake Acquisition Corp., a Cayman Islands exempted company, Avalanche SPAC Merger Sub LLC, a Delaware limited liability company, Avalanche Company Merger Sub LLC, a Delaware limited liability company, Avalanche Treasury Company LLC, a Delaware limited liability company, Dragonfly Digital Management, LLC, a Delaware limited liability company, Dragonfly Ventures L.P., a Cayman Islands exempted limited partnership, Dragonfly Ventures II, L.P., a Cayman Islands exempted limited partnership), and Astral. Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any. |
Class A Common Stock
(I)
|
237,833 |
| 2026-07-12 | Moljo Laine Mihalchick |
Chief Operating Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
The option awards vest in equal installments on January 12, 2027, 2028 and 2029 subject to continued employment with Avalanche Treasury Corporation or its subsidiaries through the applicable vesting date. |
Stock Option (Right to Buy)
|
1,100,000 |
| 2026-07-12 | Smith Gerald Bartholomew |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
The option awards vest in equal installments on January 12, 2027, 2028 and 2029 subject to continued employment with Avalanche Treasury Corporation or its subsidiaries through the applicable vesting date. |
Stock Option (Right to Buy)
|
2,700,000 |