Form 4: GIFTIFY CEO Ketan Thakker Awarded 500,000 Restricted Shares

GIFTIFY, INC. CEO Ketan Thakker received a grant of 500,000 restricted common shares, vesting over 36 months, for 2025 performance.

Summary

• Ketan Thakker, CEO and Director of GIFTIFY, INC. [GIFT], was granted 500,000 shares of restricted common stock.
• The grant occurred on February 2, 2026, in connection with the evaluation of the Issuer's 2025 performance.
• These shares will vest in equal monthly amounts over a 36-month period.
• Following this transaction, Ketan Thakker beneficially owns 3,461,098 shares of common stock.
• The reported price per share for the grant was $1.05.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, reflecting the board's confidence in the CEO's 2025 performance and aligning his incentives with future shareholder value through a standard equity grant.

Positives

• The grant aligns the CEO's interests with long-term shareholder value through a 36-month vesting schedule.
• The award is tied to the company's 2025 performance, indicating a performance-based compensation structure.

Negatives

• The issuance of 500,000 new shares could result in minor dilution for existing shareholders, though this is common for executive compensation.

Future Outlook

The 500,000 restricted shares granted to Ketan Thakker will vest in equal monthly amounts over a 36-month period, indicating a future commitment and incentive structure tied to long-term performance.

Management Comments

• The board of directors of the Issuer granted 500,000 shares of restricted common stock... in connection with its evaluation of the Issuer's 2025 performance.

Industry Context

StockSavvy.ai notes that performance-based equity grants to key executives like the CEO are a standard practice across industries to align management incentives with shareholder interests and long-term company performance. The 36-month vesting period is typical for such awards, promoting retention and sustained focus on strategic goals.

Related Party Transactions

• The grant of 500,000 restricted common shares to Ketan Thakker, who is the CEO and a Director, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Potential minor dilution from the issuance of new shares, but also improved alignment of CEO's interests with long-term shareholder value.
• Management/Employees: Reinforces a performance-based compensation culture and provides a significant incentive for the CEO.

Next Steps

• The 500,000 restricted shares will vest in equal monthly amounts over the next 36 months.

Key Dates

Keywords

GIFTIFY, GIFT, Ketan Thakker, CEO compensation, restricted stock, insider transaction, Form 4, equity grant, performance award