GameStop officer receives 71,060 restricted stock units; vesting through 2027
Rhea-AI Filing Summary
GameStop Corp. reporting person Daniel William Moore received a grant of 71,060 restricted stock units (RSUs) of Class A common stock recorded with a price of $23.22 per share. The RSUs are scheduled to vest in eight quarterly installments from September 1, 2025 through July 1, 2027, and vesting is subject to the reporting persons continuous service through each vesting date. After this award, the Form 4 shows the reporting persons beneficial ownership as 119,959 shares of Class A common stock. The Form 4 lists the transaction as an acquisition (grant) of equity rather than an open-market purchase.
Positive
- 71,060 RSUs granted to the reporting person as disclosed in the Form 4
- Vesting schedule provided: eight quarterly installments from September 1, 2025 to July 1, 2027
- Reported beneficial ownership: increases to 119,959 shares of Class A common stock
Negative
- Vesting is contingent on continuous service, meaning shares are not immediately transferable until vesting conditions are met
Insights
TL;DR: A routine equity grant of 71,060 RSUs increases reported ownership to 119,959 shares; vesting is time- and service-based.
The grant is a compensation award rather than a market purchase, recorded as an acquisition and shown at a per-share figure of $23.22. The award vests in eight quarterly installments through mid-2027, so the economic interest is staggered and contingent on continued service. For investors this is generally a governance/compensation detail with limited near-term balance-sheet impact, but it modestly increases the director/officers reported ownership stake once vested.
TL;DR: An executive RSU grant aligned with typical service-based vesting; materiality is low but important for disclosure and insider ownership tracking.
The Form 4 discloses an issuer-granted restricted stock unit award that vests over eight quarters, subject to continuous service. Such grants are standard for officer compensation and serve to align management incentives with shareholders over time. The disclosure clearly reports the post-grant beneficial ownership as 119,959 shares, enabling transparency on insider holdings. No indication of accelerated vesting or cash settlement is provided in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 71,060 | $23.22 | $1.65M |
Footnotes (1)
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