Galaxy Gaming (GLXZ) director boosts indirect stake with new share purchase

Rhea-AI Filing Summary

Galaxy Gaming, Inc. director Bryan W. Waters reported an indirect purchase of company stock. On 12/31/2025, a family trust named the Bryan and Karen Waters Family Trust acquired 4,535 shares of Galaxy Gaming common stock at a price of $2.85 per share. After this transaction, the trust beneficially owned 616,410 shares of Galaxy Gaming common stock in total, reported as indirect ownership.

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^*

Waters Bryan W.

(Last) (First) (Middle)

6480 CAMERON STREET SUITE 305

(Street)

LAS VEGAS NV 89118

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Galaxy Gaming, Inc. [ GLXZ ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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	12/31/2025	12/31/2025	A		4,535	A	$2.85	616,410	I	By Bryan and Karen Waters Family Trust

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

Explanation of Responses:

	/s/ Bryan W. Waters	01/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Galaxy Gaming (GLXZ) report for Bryan W. Waters?

Galaxy Gaming reported that director Bryan W. Waters, through the Bryan and Karen Waters Family Trust, acquired 4,535 shares of Galaxy Gaming common stock on 12/31/2025.

At what price were the Galaxy Gaming (GLXZ) shares acquired in this Form 4 filing?

The 4,535 shares of Galaxy Gaming common stock were acquired at a price of $2.85 per share.

How many Galaxy Gaming (GLXZ) shares does the Bryan and Karen Waters Family Trust own after this transaction?

Following the reported transaction, the Bryan and Karen Waters Family Trust beneficially owned 616,410 shares of Galaxy Gaming common stock, reported as indirect ownership.

What is Bryan W. Waters’ relationship to Galaxy Gaming (GLXZ)?

Bryan W. Waters is identified as a director of Galaxy Gaming, Inc. in the Form 4 filing.

Is the ownership in this Galaxy Gaming (GLXZ) Form 4 direct or indirect?

The shares reported in the filing are held indirectly through the Bryan and Karen Waters Family Trust, not as direct personal holdings.

What type of securities were acquired in the Galaxy Gaming (GLXZ) insider transaction?

The transaction involved common stock of Galaxy Gaming, Inc., reported in Table I for non-derivative securities.