Giftify CEO awarded 500K restricted shares
Thakker Ketan reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Thakker Ketan reported acquisition or exercise transactions in this Form 4 filing.
GIFTIFY, INC. CEO and director Ketan Thakker reported an award of 500,000 shares of restricted common stock on February 2, 2026. The board granted these shares in connection with its evaluation of the company’s 2025 performance, with vesting in equal monthly installments over 36 months.
Following this equity grant, Thakker’s directly held common stock increased to 3,461,098 shares. This was a compensation-related stock award rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 500,000 | $1.05 | $525K |
Footnotes (1)
- F1. On February 2, 2026, the board of directors of the Issuer granted 500,000 shares of restricted common stock that will vest in equal monthly amounts over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance
FAQ
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What insider transaction did GIFT (GIFTIFY, INC.) report for Ketan Thakker?
Is the GIFT (GIFTIFY, INC.) Form 4 transaction a stock purchase or an equity award?
AI-generated analysis. How Rhea-AI works. Not financial advice.