Form 4: GAN Ltd. CFO Brian P. Chang Reports Disposition of Shares for Tax Obligations
SEC Form 4 Filing
Brian P. Chang, CFO of GAN Ltd, disposed of 6,753 ordinary shares on July 29, 2024, to cover tax obligations.
Summary
- On July 29, 2024, Brian P. Chang, the CFO of GAN Limited, disposed of 6,753 ordinary shares.
- The transaction was executed at a price of $1.51 per share.
- This disposition was to satisfy tax obligations related to equity compensation.
- Following the transaction, Chang directly owns 47,743 ordinary shares of GAN Ltd.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposition of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of transaction: Disposition of 6,753 ordinary shares by Brian P. Chang. |
| 07/30/2024 | Date of signature for the Form 4 filing. |
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