Gambling.com (GAMB) CFO converts 11,508 RSUs, now holds 799,396 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gambling.com Group Ltd CFO Mark Martin Elias exercised restricted stock units into ordinary shares. On this date, 11,508 restricted stock units converted into 11,508 ordinary shares, effectively at $3.83 per share. Following these transactions, he directly holds 799,396 ordinary shares and 213,257 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,508 shares exercised/converted
Mixed
2 txns
Insider
Mark Martin Elias
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,508 | $0.00 | -- |
| Exercise | Ordinary Shares | 11,508 | $3.83 | $44K |
Holdings After Transaction:
Restricted Stock Units — 213,257 shares (Direct);
Ordinary Shares — 799,396 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 11,508 units
Ordinary shares acquired: 11,508 shares
Exercise-related share price: $3.83 per share
+2 more
5 metrics
RSUs exercised
11,508 units
Restricted stock units converted into ordinary shares
Ordinary shares acquired
11,508 shares
Shares received from RSU conversion
Exercise-related share price
$3.83 per share
Price associated with ordinary share entry in Form 4
Shares owned after transaction
799,396 shares
Direct ordinary share holdings after exercise
RSUs remaining after conversion
213,257 units
Total restricted stock units following transaction
Key Terms
Restricted Stock Units, derivative security, Ordinary Shares
3 terms
Restricted Stock Units financial
"Restricted stock units converted into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Gambling.com Group (GAMB) disclose for its CFO?
Gambling.com Group disclosed that CFO Mark Martin Elias exercised 11,508 restricted stock units into 11,508 ordinary shares. These were compensation-related conversions rather than open-market purchases or sales, reflecting routine equity vesting rather than a discretionary trade in the company’s stock.
What happens to the Gambling.com Group (GAMB) restricted stock units in this Form 4?
In the Form 4, 11,508 restricted stock units converted into ordinary shares on a one-for-one basis. After this conversion, the reporting shows 213,257 restricted stock units remaining, indicating a continued unexercised equity compensation position alongside his direct ordinary share holdings.