Form 4: GameStop Officer Receives Equity Grant and Sells Shares for Tax Obligations

GameStop Corp. officer Daniel William Moore reported the acquisition of restricted stock units and a subsequent sale of shares to cover tax withholdings.

Summary

• Daniel William Moore, GameStop Corp.'s Principal Financial Officer (PFO) and Principal Accounting Officer (PAO), reported changes in his beneficial ownership of Class A Common Stock.
• On July 1, 2025, Moore acquired 19,843 shares of Class A Common Stock at a price of $27.34 per share, representing a grant of restricted stock units (RSUs).
• These RSUs are scheduled to vest in seven equal quarterly installments, beginning on January 1, 2026, and concluding on July 1, 2027, contingent on Moore's continuous service.
• Following this acquisition, Moore's direct beneficial ownership stood at 49,620 shares.
• On July 2, 2025, Moore disposed of 721 shares of Class A Common Stock at a price of $23.9502 per share.
• This disposition was specifically to cover applicable withholding taxes related to the vesting of restricted stock units and was not a discretionary trade.
• After the tax-related sale, Moore's direct beneficial ownership decreased to 48,899 shares.

Sentiment

Score: 5

Explanation: The document reports routine executive compensation activities (RSU grant and tax-related sale), which are neutral in sentiment. The grant is positive for executive retention, while the tax sale is a non-discretionary, neutral event.

Positives

• The grant of 19,843 restricted stock units to a key officer indicates continued alignment of management incentives with shareholder interests and retention of key talent.
• The vesting schedule extending to July 1, 2027, suggests a commitment to long-term service by the officer.

Negatives

• A portion of the granted shares (721 shares) was immediately sold to cover tax obligations, which is a standard practice but reduces the officer's immediate direct equity stake.

Future Outlook

The restricted stock units granted to Daniel William Moore are scheduled to vest in seven equal quarterly installments, beginning on January 1, 2026, and concluding on July 1, 2027, subject to his continuous service to GameStop Corp.

Management Comments

• The sale of 721 shares represents shares sold to cover applicable withholding taxes in connection with the vesting of restricted stock units.
• This sale does not represent a discretionary trade by the Reporting Person.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the interests of a key officer with shareholders, promoting long-term value creation. The tax-related sale is a routine event with minimal direct impact.
• Employees: The RSU grant is part of executive compensation, which can influence overall compensation strategies and morale within the company.

Next Steps

• Future vesting events for the restricted stock units are scheduled to occur quarterly, starting January 1, 2026, and ending July 1, 2027.

Key Dates

Keywords

GameStop, GME, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Executive Compensation, Stock Grant, Tax Withholding, Beneficial Ownership