GAN.Gan LTD

Form 4: GAN Ltd. Chief Legal Officer Sylvia Tiscareno Reports Share Transactions

Sentiment:

SEC Form 4 Filing

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Sylvia Tiscareno, Chief Legal Officer of GAN Ltd, reports the settlement of restricted stock units and subsequent tax withholding, resulting in adjustments to her holdings of ordinary shares.

Summary

  • On April 1, 2025, Sylvia Tiscareno, Chief Legal Officer of GAN Ltd, settled 3,890 restricted stock units (RSUs) into ordinary shares.
  • The issuer withheld 948 ordinary shares at a price of $1.77 per share to cover tax obligations related to the vesting of the RSUs.
  • Following these transactions, Tiscareno directly owns 207,669 ordinary shares and 3,890 RSUs.
  • The remaining RSUs will vest on April 1, 2026.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions, so the sentiment is neutral.

Future Outlook

The remaining RSUs will vest on April 1, 2026.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

  • Shareholders are informed about changes in insider ownership.
  • Employees holding RSUs are affected by the vesting schedule.

Key Dates

DateDescription
04/30/2023RSUs were issued as a replacement grant.
04/01/20243,890 RSUs settled.
04/01/2025Settlement of 3,890 restricted stock units (RSUs) into GAN Limited ordinary shares; tax withholding.
04/02/2025Date of signature on the Form 4.
04/01/2026Remaining RSUs will vest.

Keywords

GAN Ltd, Sylvia Tiscareno, Chief Legal Officer, Form 4, Restricted Stock Units, RSUs, Ordinary Shares, Beneficial Ownership, Settlement, Tax Withholding

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