Gorilla Technology (GRRR) director Walker Gregg reports initial share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Gorilla Technology Group Inc. director Walker Gregg filed an initial statement of beneficial ownership. He reports direct ownership of 44,608 ordinary shares and restricted stock units tied to 10,964 ordinary shares. These RSUs were granted under the 2023 Omnibus Incentive Plan and vest on the earlier of July 13, 2026, or a change in control, subject to continued service and award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walker Gregg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,964 shares (Direct);
Ordinary Shares — 44,608 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") granted under the Issuer's 2023 Omnibus Incentive Plan (the "Plan") that vest on the earlier of (a) July 13, 2026, and (b) a change in control of the Issuer, subject to the Reporting Person's continuous service through the vesting date and the terms and conditions of the underlying award agreement. Each RSU represents the right to receive one ordinary share of the Issuer.
FAQ
What does the Form 3 filing by Gorilla Technology (GRRR) director Walker Gregg report?
The Form 3 reports Walker Gregg’s initial beneficial ownership in Gorilla Technology. It lists his direct holdings of ordinary shares and restricted stock units, giving investors a baseline view of his equity stake when he became subject to insider reporting rules.
What restricted stock units (RSUs) are disclosed for Walker Gregg in Gorilla Technology (GRRR)?
The filing discloses restricted stock units representing 10,964 underlying ordinary shares. These RSUs were granted under Gorilla Technology’s 2023 Omnibus Incentive Plan and give Gregg the right to receive one ordinary share for each unit upon vesting, subject to plan terms.
When do Walker Gregg’s Gorilla Technology (GRRR) RSUs vest?
The RSUs vest on the earlier of July 13, 2026, or a change in control of Gorilla Technology. Vesting is also contingent on Gregg’s continuous service through the vesting date and compliance with the conditions in the underlying award agreement.
Does the Gorilla Technology (GRRR) Form 3 show any insider buying or selling by Walker Gregg?
The Form 3 does not report any insider buying or selling transactions. Instead, it provides an initial snapshot of Gregg’s existing holdings in ordinary shares and restricted stock units when he became subject to Section 16 reporting requirements.
What plan governs Walker Gregg’s RSU grant at Gorilla Technology (GRRR)?
The RSU grant is issued under Gorilla Technology’s 2023 Omnibus Incentive Plan. This plan sets the terms for equity-based awards, including vesting conditions, change-in-control treatment, and other requirements affecting when and how RSUs convert into ordinary shares.