GameSquare (GAME) CEO acquires 625,000 shares via RSU vesting

Rhea-AI Filing Summary

GameSquare Holdings, Inc. reported that CEO and Director Justin Kenna received significant equity compensation on February 4, 2026. Under his employment agreement, he was granted 500,000 restricted stock units (RSUs) as a signing bonus, which vested immediately and were settled into 500,000 shares of common stock that day.

He was also granted an additional 500,000 RSUs under the 2024 Stock Incentive Plan. Of these, 125,000 RSUs vested on the grant date and were settled into 125,000 shares of common stock, while 375,000 RSUs remain unvested and outstanding. Following these transactions, Kenna beneficially owned 1,661,936 shares of common stock and 375,000 unvested RSUs, all held directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kenna Justin

(Last) (First) (Middle)

C/O GAMESQUARE HOLDINGS, INC.

6775 COWBOYS WAY, STE. 1335

(Street)

FRISCO TX 75034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GameSquare Holdings, Inc. [ GAME ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Director

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		M		625,000(1)(2)	A	$0	1,661,936	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	02/04/2026		M			500,000(1)	02/04/2026	(1)	Common Stock	500,000	$0	0	D
Restricted Stock Units	$0	02/04/2026		M			125,000(2)	02/04/2026	(2)	Common Stock	125,000	$0	375,000	D

Explanation of Responses:

1. On February 4, 2026, pursuant to the terms of the Reporting Person's Employment Agreement, the Reporting Person was granted 500,000 restricted stock units ("RSUs") as a signing bonus, which vested in full immediately upon grant and were settled into 500,000 shares of the Issuer's common stock on February 4, 2026.

2. On February 4, 2026, pursuant to the terms of the Reporting Person's Employment Agreement, the Reporting Person was also granted 500,000 RSUs under the Issuer's 2024 Stock Incentive Plan. Of these, (i) 25% vested on the grant date, (ii) 37.5% vest on the one-year anniversary of the grant date, and (iii) 37.5% vest on the two-year anniversary of the grant date. On February 4, 2026, 125,000 RSUs vested and were settled into 125,000 shares of the Issuer's common stock. The remaining 375,000 RSUs remain outstanding and unvested following the reported transaction.

	/s/ Justin Kenna	02/10/2026
	** Signature of Reporting Person	Date
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FAQ

What equity awards did GameSquare (GAME) CEO Justin Kenna receive?

Justin Kenna received 1,000,000 RSUs on February 4, 2026. This included 500,000 RSUs as a signing bonus and 500,000 RSUs under the 2024 Stock Incentive Plan, with portions vesting immediately into common stock and the remainder scheduled to vest later.

How many GameSquare (GAME) RSUs vested immediately for the CEO?

A total of 625,000 RSUs vested immediately for the CEO. This consisted of 500,000 signing-bonus RSUs that fully vested at grant and 125,000 RSUs from a 500,000-unit grant, all settling into an equal number of common shares on February 4, 2026.

How many GameSquare (GAME) shares does the CEO own after these transactions?

After the transactions, Justin Kenna beneficially owned 1,661,936 common shares. These shares reflect settlement of 625,000 vested RSUs into common stock on February 4, 2026, all reported as directly held ownership in the filing.

What portion of the GameSquare (GAME) CEO’s RSUs remain unvested?

375,000 RSUs remain unvested for the CEO. They are part of a 500,000-unit grant under the 2024 Stock Incentive Plan, scheduled to vest 37.5% on the one-year anniversary and 37.5% on the two-year anniversary of the February 4, 2026 grant date.

At what price were GameSquare (GAME) CEO RSUs settled into shares?

The RSUs were settled into common shares at a price of $0 per unit. The Form 4 reports an exercise or conversion price of $0.00 for the restricted stock units that converted into 625,000 shares of GameSquare common stock on February 4, 2026.

What roles does Justin Kenna hold at GameSquare (GAME)?

Justin Kenna serves as both CEO and Director of GameSquare. The Form 4 identifies him as an officer with the title “CEO and Director” and as a director, reflecting his dual leadership and governance roles at the company.