D'Annunzio Marc, the General Counsel and Secretary of Bakkt, Inc., has been granted 45,000 restricted stock units (RSUs) as part of the company's ongoing incentive program. This grant, reported in a recent SEC filing, underscores Bakkt's strategy to retain and motivate key personnel in the competitive finance services sector.
The filing, dated October 2, 2026, reveals that the RSUs were granted on September 30, 2026, under Bakkt's 2021 Omnibus Employee Incentive Plan. These units will fully vest on the one-year anniversary of the grant date, contingent upon D'Annunzio's continued employment with the company. Each RSU represents a right to receive one share of Bakkt's Class A common stock.
Background
Bakkt, Inc. operates in the finance services sector, specifically focusing on crypto assets. The company, which trades under the symbol BKKT, has undergone several name changes in recent years, transitioning from Bakkt Holdings, Inc. to its current name. The latest SEC filing highlights the company's commitment to incentivizing its leadership team as it navigates the evolving landscape of digital finance.
What the Filing Says
The SEC filing indicates that D'Annunzio Marc received 45,000 RSUs, stating, "Represents 45,000 restricted stock units granted to the Reporting Person on September 30, 2026." Following this transaction, D'Annunzio owns a total of 152,006 shares, including 53,553 RSUs that remain subject to vesting conditions.
Impact
This grant may significantly affect Bakkt's ability to attract and retain talent in a highly competitive industry. As the finance services sector continues to evolve, retaining skilled personnel is crucial for companies like Bakkt, which are at the forefront of integrating traditional finance with digital assets.
What's Next
The filing does not say what happens next.