Form 4: GAN Ltd. Chief Legal Officer Sylvia Tiscareno Reports Share Transactions
SEC Form 4 Filing
Sylvia Tiscareno, Chief Legal Officer of GAN Ltd, reports the settlement of Restricted Stock Units (RSUs) and associated tax withholding transactions on April 1, 2024.
Summary
- On April 1, 2024, Sylvia Tiscareno, Chief Legal Officer of GAN Ltd, reported transactions involving GAN Ltd ordinary shares.
- The transactions included the settlement of 3,890 Restricted Stock Units (RSUs) into ordinary shares.
- Additionally, 912 ordinary shares were withheld by GAN Ltd for payment of tax withholdings related to the vesting of the RSUs.
- Following these transactions, Ms. Tiscareno directly owns 110,430 ordinary shares.
- Ms. Tiscareno also directly owns 7,780 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Future Outlook
The remaining RSUs will vest in installments on April 1, 2025, April 1, 2026, and will be fully vested by April 1, 2026.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company officer, which is a routine part of corporate governance and transparency.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of RSU settlement and tax withholding. |
| 04/01/2025 | 25% of remaining RSUs vest. |
| 04/01/2026 | 25% of remaining RSUs vest. |
| 04/01/2026 | Remaining RSUs will be 100% vested. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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