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GameSquare Holdings, Inc. (GAME) awards CFO options for 301,249 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GameSquare Holdings, Inc. reported that Chief Financial Officer Michael Patrick Munoz acquired 48,423 shares of common stock on July 10, 2026 through vesting and settlement of previously granted RSUs, bringing his direct holdings to 91,846 shares. On the same date he received a stock option grant for 301,249 shares at an exercise price of $0.31 per share under the 2024 Stock Incentive Plan, expiring July 10, 2031 and vesting 62.5% on the Grant Date and 37.5% on the first anniversary.

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Insider Munoz Michael Patrick
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Options to Purchase Common Stock 301,249 $0.00 --
Exercise Common Stock 48,423 -- --
Holdings After Transaction: Options to Purchase Common Stock — 301,249 shares (Direct); Common Stock — 91,846 shares (Direct)
Footnotes (1)
  1. Represents shares acquired upon vesting and settlement of restricted stock units ("RSUs") granted to the Reporting Person on July 11, 2025. Represents shares acquired on vesting and settlement of RSUs. On July 10, 2026 (the "Grant Date"), the Reporting Person was granted options to purchase an aggregate of 301,249 shares of the Issuer's Common Stock pursuant to the Issuer's 2024 Stock Incentive Plan, each representing a contingent right to receive one share of the Issuer's Common Stock. The grant vests as follows: 62.5% on the Grant Date and 37.5% on the first anniversary of the Grant Date.
RSU shares acquired 48,423 shares Common stock received on July 10, 2026 upon vesting and settlement of RSUs
Common shares held after 91,846 shares Direct ownership of GameSquare common stock following RSU vesting transaction
Options granted 301,249 options Options to purchase common stock granted to CFO on July 10, 2026
Option exercise price $0.31 per share Exercise price for the 301,249 stock options granted under 2024 Stock Incentive Plan
Option expiration July 10, 2031 Expiration date of the 301,249 stock options granted to the CFO
Immediate vesting portion 62.5% Portion of the option grant vesting on the July 10, 2026 Grant Date
One-year vesting portion 37.5% Portion of the option grant vesting on the first anniversary of the Grant Date
restricted stock units ("RSUs") financial
"Represents shares acquired upon vesting and settlement of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Incentive Plan financial
"pursuant to the Issuer's 2024 Stock Incentive Plan, each representing a contingent right"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
exercise price financial
"was granted options to purchase an aggregate of 301,249 shares ... at $0.3100"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant Date financial
"On July 10, 2026 (the "Grant Date"), the Reporting Person was granted options"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
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FAQ

What did GameSquare (GAME) disclose about CFO Michael Patrick Munoz’s recent share acquisition?

GameSquare disclosed that CFO Michael Patrick Munoz acquired 48,423 shares of common stock on July 10, 2026 through vesting and settlement of previously granted restricted stock units (RSUs), increasing his direct ownership to 91,846 shares of the company’s common stock.

How many stock options did the GameSquare (GAME) CFO receive and at what exercise price?

On July 10, 2026, the GameSquare CFO received options to purchase 301,249 shares of common stock with an exercise price of $0.31 per share. These options were granted under the company’s 2024 Stock Incentive Plan as part of his compensation.

What is the vesting schedule for the GameSquare (GAME) CFO’s new stock option grant?

The stock option grant to the GameSquare CFO vests 62.5% on the July 10, 2026 Grant Date and 37.5% on the first anniversary of that date. Each option represents a contingent right to receive one share of GameSquare common stock upon exercise.

When do the GameSquare (GAME) CFO’s newly granted stock options expire?

The newly granted options to the GameSquare CFO expire on July 10, 2031. After that expiration date, any unexercised portion of the 301,249-share option award will no longer be exercisable under the terms of the grant.

How were the 48,423 GameSquare (GAME) shares acquired by the CFO characterized?

The 48,423 shares of GameSquare common stock were acquired upon vesting and settlement of RSUs that had been granted on July 11, 2025. This is a compensation-related equity settlement rather than an open-market purchase or sale of shares.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Munoz Michael Patrick

(Last)(First)(Middle)
C/O GAMESQUARE HOLDINGS, INC.
6775 COWBOYS WAY, STE. 1335

(Street)
FRISCO TEXAS 75034

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GameSquare Holdings, Inc. [ GAME ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)07/10/2026M48,423A(2)91,846D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options to Purchase Common Stock$0.3107/10/2026A301,249 (3)07/10/2031Common Stock301,249$0301,249D
Explanation of Responses:
1. Represents shares acquired upon vesting and settlement of restricted stock units ("RSUs") granted to the Reporting Person on July 11, 2025.
2. Represents shares acquired on vesting and settlement of RSUs.
3. On July 10, 2026 (the "Grant Date"), the Reporting Person was granted options to purchase an aggregate of 301,249 shares of the Issuer's Common Stock pursuant to the Issuer's 2024 Stock Incentive Plan, each representing a contingent right to receive one share of the Issuer's Common Stock. The grant vests as follows: 62.5% on the Grant Date and 37.5% on the first anniversary of the Grant Date.
/s/ Michael Munoz07/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)