Bakkt falls 30% after director Michael Alfred's $2.1M purchase
- Insider
- Michael Alfred
- Company
- Bakkt, Inc. (BKKT)
- Transaction
- Buy
- Shares
- 296,567
- Amount
- $2.1M
- Trade date
- Aug 18, 2026
- Filed
- Aug 19, 2026, 1 day after the trade
- Source
- SEC Form 4 ↗
Bakkt, Inc. trades 30.4% below the first close after a purchase by director Michael Alfred. The director bought 296,567 shares at $7.12 on August 18, 2026, for a total of $2.1M.
The purchase was reported to the SEC on August 19, 2026, 1 day after the trade. Measured from the first close after the filing ($7.50 on Aug 20, 2026), the change is −28.1%.
The stock traded at $5.39 at 10:42 ET on October 22, 2026, delayed by 15 to 20 minutes. No sales by Michael Alfred in the company have been reported since, 65 days after the purchase.
BKKT −8.7% on the day, close Oct 30
Since purchase−30.4%$7.74 → $5.39 at 10:42 ET
Since filing−28.1%$7.50 on Aug 20 → $5.39
Purchase$2.1M296,567 shares on Aug 18, 2026
Days since purchase65No sales by this filer since
Price since the purchase
Daily close · USD0%
−30%
Aug 19 · first close $7.74Oct 22 · $5.39
PurchaseFirst close below −30%