Form 4: GAN Ltd CEO Seamus McGill Reports Share Transactions
SEC Form 4
GAN Limited's CEO, Seamus McGill, reports the settlement of RSUs into ordinary shares and subsequent tax withholding.
Summary
- On October 5, 2024, Seamus McGill, CEO of GAN Limited, settled 68,750 Restricted Stock Units (RSUs) into 68,750 ordinary shares.
- The company withheld 27,054 ordinary shares at a price of $1.75 per share to cover tax obligations related to the vesting of the RSUs.
- Following these transactions, McGill directly owns 144,256 ordinary shares.
- McGill also holds 206,250 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction affects the CEO's ownership stake in the company, which may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/05/2023 | Date the RSUs were originally granted, vesting 25% annually. |
| 10/05/2024 | Date of RSU settlement and tax withholding. |
| 10/05/2027 | Date when the RSUs will be 100% vested. |
| 11/06/2024 | Date of the report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.