Thomas W. Farley - 20 Oct 2026 Form 4 Insider Report for Bullish (BLSH)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: BLSH
Reported as of: 20 Oct 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 Oct 2026, 16:01:47 UTC
Prior SEC filing: 06 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Thomas W. Farley

Filing notes and source

Key filing fact

Thomas W. Farley filed Form 4 for Bullish (BLSH) on 22 Oct 2026.

Key facts

This page summarizes Thomas W. Farley's Form 4 filing for Bullish (BLSH).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 22 Oct 2026, 16:01.

Change

Previous filing in this sequence was filed on 06 May 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001390563 Primary reporting owner

Farley Thomas W

Relationship: Chief Executive Officer, Director
Address: BULLISH, UNIT B1, THE GROVE TOO, ESTERLEY TIBBETTS HIGHWAY, GRAND CAYMAN, CAYMAN ISLANDS
Signature: /s/ Thomas W. Farley
Signature date: 22 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BLSH transaction

Ordinary Shares

Other

Transaction value
Shares: +4,893,528
Change %
Price: $0.000000^*
Shares after: 4,893,528
Date: 20 Oct 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BLSH transaction Derivative

Incentive Units

Other

Transaction value
Shares: -4,893,528
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 20 Oct 2026
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 4,893,528
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On October 20, 2026, BMC1, a subsidiary of Bullish, merged with and into BMC3 LLC, a subsidiary of Bullish, as part of an internal reorganization. As consideration in the merger, incentive units of BMC1 held by the Reporting Person were cancelled and converted into 4,893,528 ordinary shares of the Issuer. No cash or other consideration was paid or received.

Footnote F2

The ordinary shares received by the Reporting Person are subject to time-based vesting and performance conditions. As of the date of this filing, 3,210,308 of the ordinary shares are vested, and the remaining shares remain subject to vesting.

SEC remarks

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.