GMGI Form 4: 9,375 RSUs vested; holdings 4,556,144 shares

Golden Matrix Group (GMGI) insider update: Meridian Tech D.O.O. reported the vesting and settlement of 9,375 restricted stock units into common stock on November 9, 2025 (Code M).

Rhea-AI Filing Summary

Golden Matrix Group (GMGI) insider update: Meridian Tech D.O.O. reported the vesting and settlement of 9,375 restricted stock units into common stock on November 9, 2025 (Code M). Following the transaction, the reporting person beneficially owns 4,556,144 common shares directly and holds 46,875 RSUs.

The RSUs vest at a rate of 1/8 every six months from the grant date of May 9, 2024, subject to continued service. Remarks note a Nominating and Voting Agreement dated January 29, 2025, under which parties may be deemed a group that, in aggregate, holds more than 10% of GMGI common stock.

Insider Trade Summary

9,375 shares exercised/converted

Exercise 2 txns

Insider Bozovic Snezana

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	9,375	$0.00	$0.00
Exercise	Common Stock	9,375	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 46,875 contracts (Direct); Common Stock — 4,556,144 shares (Direct)

Footnotes (4)

1. F1. Represents the vesting of 9,375 time-based restricted stock units (RSUs).
2. F2. Each RSU represents the contingent right to receive, at settlement, one share of common stock.
3. F3. Excludes shares of common stock relating to the voting group described below under "Remarks".
4. F4. The RSUs vest, if at all, at the rate of 1/8th of such RSUs every six months from the grant date (May 9, 2024), subject to the Reporting Person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GMGI’s reporting person disclose on Form 4?

Meridian Tech D.O.O. reported the vesting and settlement of 9,375 RSUs into GMGI common stock on November 9, 2025 (Code M).

How many GMGI shares does the reporting person own after the transaction?

The filing shows 4,556,144 GMGI common shares beneficially owned directly after the transaction.

How many RSUs remain held by the reporting person?

The filing lists 46,875 RSUs beneficially owned following the reported transaction.

What is the RSU vesting schedule for GMGI?

The RSUs vest at 1/8 every six months from the grant date of May 9, 2024, subject to continued service.

Is there a group ownership arrangement related to GMGI?

Remarks reference a January 29, 2025 Nominating and Voting Agreement under which parties may be deemed a group that, in aggregate, holds more than 10% of GMGI common stock.

What transaction code was used in the Form 4?

The transaction was reported with Code M, indicating an exercise/settlement of a derivative security (RSUs).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/12/2025 - 05:45 PM Learn about SEC filing dates

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

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^*

Bozovic Snezana

(Last) (First) (Middle)

MERIDIAN TECH D.O.O.

BULEVAR MIHAJLA PUPINA 10B

(Street)

NOVI BEOGRAD Z2 11070

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Golden Matrix Group, Inc. [ GMGI ]

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

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% Reporting Group

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2025

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	11/09/2025		M(1)		9,375	A	(2)	4,556,144(3)	D

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
Restricted Stock Units	(2)	11/09/2025		M			9,375	(4)	(4)	Common Stock	9,375	$0.00	46,875	D

Explanation of Responses:

1. Represents the vesting of 9,375 time-based restricted stock units (RSUs).

2. Each RSU represents the contingent right to receive, at settlement, one share of common stock.

3. Excludes shares of common stock relating to the voting group described below under "Remarks".

4. The RSUs vest, if at all, at the rate of 1/8th of such RSUs every six months from the grant date (May 9, 2024), subject to the Reporting Person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.

Remarks:

By virtue of being party to an Amended and Restated Nominating and Voting Agreement, dated as of January 29, 2025 (the "Voting Agreement"), the Reporting Person, may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the securities reported herein, with the other parties who are bound by the Voting Agreement and their control persons, which such "group" beneficially owns, in the aggregate, more than 10% of the outstanding shares of common stock of the Issuer. The parties to the Voting Agreement are the Issuer, Anthony Brian Goodman, the Issuer's Chief Executive Officer and director, Luxor Capital LLC, which is owned and controlled by Mr. Goodman, Aleksandar Milovanovic, Zoran Milosevic and Snezana Bozovic. The Reporting Person disclaims beneficial ownership of any securities owned by any of the other signatories to the Voting Agreement (and/or their control persons) and the filing of this Form 4 shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Person and any other person or persons constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act or Rule 13d-5 thereunder. In addition, the Reporting Person does not have any pecuniary interest in any of the securities beneficially owned by any of the other signatories to the Voting Agreement (and/or their control persons). For a description of the Voting Agreement, see the Current Report on Form 8-K filed by the Issuer with the United States Securities and Exchange Commission on January 30, 2025.

	/s/ Snezana Bozovic	11/12/2025
	** 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.