X0609 4 2026-05-15 0 0001820302 Bakkt, Inc. BKKT 0002062543 Naheta Akshay Sudhir false 3280 PEACHTREE ROAD NE 7TH FLOOR ATLANTA GA 30305 0 1 0 0 Chief Executive Officer 0 Class A Common Stock 2026-05-15 4 M 0 33557 10 A 9093522 D Stock Option (right to buy) 10 2026-05-15 4 M 0 33557 0 D 2026-05-15 Class A Common Stock 33557 1275168 D Includes 803,861 Performance Stock Units that remain subject to certain vesting conditions Represent stock options to purchase shares of the Issuer's Class A Common Stock ("Options") granted on July 29, 2025. The Options are a commitment by the grantee to exercise a predetermined number of Options every quarter for eight quarters (the "Committed Options") at an exercise price per share equal to $10,00, which reflects the fair market value of a share of Class A Common Stock on the grant date. If the reporting person does not exercise the Committed Options in any quarter, then all remaining Options are forfeited. One-eighth of the Options will become exercisable each quarter (each, a "Quarterly Tranche"). The Committed Options are exercisable over a two-day period in the applicable quarter (the "Exercise Period"); provided that if the Exercise Period for a Quarterly Tranche occurs during a blackout period, then such Exercise Period shall instead be the next quarterly Exercise Period. /s/ Akshay Sudhir Naheta 2026-05-18