Form 4 for BGL Blue Gold Ltd

Accepted 2026-04-06 21:45:02 ET · period of report 2026-04-02 · accession 0001213900-26-040652 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2026-04-06 21:45	2026-04-02	BGL	Cavaghan Andrew	CEO, Dir	A - Grant	$0.00	+2.45M	1.40M	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A ordinary shares	2026-04-02	A	A	157,500	$0.00	157,500	D	—	—	(F4) Represents fully vested Class A Ordinary Shares granted to the Reporting Person pursuant to the Issuer's 2025 Equity Incentive Plan (the "Plan").
2	Common	Class A ordinary shares	2026-04-02	A	A	890,000	$0.00	890,000	D	—	—	(F5) Represents restricted Class A Ordinary Shares (the "Restricted Shares") granted to the Reporting Person pursuant to the Plan. The Restricted Shares will vest on a daily basis over the following schedule: (i) 390,000 in financial year 2026, (ii) 240,000 in financial year 2027, (iii) 175,000 in financial year 2028 and (iv) 85,000 in financial year 2029.
3	Common	Class A ordinary shares	2026-04-02	A	A	1,400,000	$0.00	1,400,000	D	—	—	(F6) Represents Restricted Shares granted to the Reporting Person pursuant to the Plan. 600,000 of the Restricted Shares will vest when the volume-weighted average price of the Issuer's Class A Ordinary Shares over any sixty (60) trading day period within the precedent ninety (90) consecutive trading days period is greater than or equal to $15 per Class A Ordinary Share. 800,000 of the Restricted Shares will vest when the volume-weighted average price of the Issuer's Class A Ordinary Shares over any sixty (60) trading day period within the precedent ninety (90) consecutive trading days period is greater than or equal to $35 per Class A Ordinary Share.