Glimpse Group (GGRP) CEO receives common stock and warrant grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glimpse Group, Inc. reported that President and CEO Tyler Gates received equity-based compensation. He was granted 36,364 shares of common stock at $0.55 per share, bringing his direct holdings to 143,507 shares.
He was also granted a warrant covering 45,455 shares of common stock at an exercise price of $0.55 per share. The warrant becomes exercisable on November 18, 2026 and expires on November 18, 2033. These are awards from the company, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gates Tyler
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrant (Right to Buy) | 45,455 | $0.55 | $25K |
| Grant/Award | Common Stock | 36,364 | $0.55 | $20K |
Holdings After Transaction:
Warrant (Right to Buy) — 45,455 shares (Direct, null);
Common Stock — 143,507 shares (Direct, null)
Footnotes (1)
Key Figures
Common stock granted: 36,364 shares
Price per granted share: $0.55/share
Shares held after grant: 143,507 shares
+4 more
7 metrics
Common stock granted
36,364 shares
Award on May 18, 2026 at $0.55 per share
Price per granted share
$0.55/share
Grant of 36,364 common shares
Shares held after grant
143,507 shares
Direct common stock holdings after transaction
Warrant shares granted
45,455 shares
Warrant (Right to Buy) underlying common stock
Warrant exercise price
$0.55/share
Conversion or exercise price for warrant
Warrant exercisable date
November 18, 2026
Start date when warrant may be exercised
Warrant expiration
November 18, 2033
Final expiration date of warrant
Key Terms
Grant, award, or other acquisition, Warrant (Right to Buy), exercise price
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Warrant (Right to Buy) financial
"security_title: Warrant (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 0.5500"
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.
FAQ
What insider transaction did Glimpse Group (GGRP) report for Tyler Gates?
Glimpse Group reported that President and CEO Tyler Gates received equity awards. He was granted 36,364 shares of common stock and a warrant for 45,455 shares, both tied to a price of $0.55 per share as compensation, not market trades.
What are the key terms of Tyler Gates’ Glimpse Group warrant grant?
Tyler Gates received a warrant for 45,455 Glimpse Group common shares at a $0.55 exercise price. The warrant becomes exercisable on November 18, 2026 and expires on November 18, 2033, giving him a long-dated right to buy additional shares at that price.
Was the Glimpse Group Form 4 a stock purchase or a compensation grant?
The Form 4 reflects compensation grants, not open-market buying or selling. Tyler Gates received 36,364 common shares and a warrant for 45,455 shares as awards from the company, classified as “Grant, award, or other acquisition” under transaction code A.