Gorilla Technology (GRRR) director discloses RSU grant and share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Gorilla Technology Group Inc. director Evan S. Medeiros reported his initial equity holdings in a Form 3 filing. He holds restricted stock units (RSUs) that will vest on the earlier of July 13, 2026, or a change in control of the company, subject to his continuous service and award terms.
Each RSU represents the right to receive one ordinary share of Gorilla Technology. Following this reporting, Medeiros holds 10,964 RSUs tied to ordinary shares and 38,726 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Medeiros Evan S
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 — 38,726 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 Gorilla Technology (GRRR) director Evan S. Medeiros report on this Form 3?
He reports his initial ownership of Gorilla Technology equity, including restricted stock units and ordinary shares. The filing details his direct holdings and clarifies how the RSUs convert into ordinary shares over time under specified vesting conditions.
How many restricted stock units does Evan S. Medeiros hold in Gorilla Technology (GRRR)?
He holds 10,964 restricted stock units. Each RSU represents the right to receive one ordinary share of Gorilla Technology, subject to vesting conditions laid out in the company’s 2023 Omnibus Incentive Plan and the related award agreement.
When do Evan S. Medeiros’ Gorilla Technology (GRRR) RSUs vest?
The RSUs vest on the earlier of July 13, 2026, or a change in control of Gorilla Technology. Vesting also requires his continuous service through the vesting date and compliance with all terms in the underlying award agreement.
How are Evan S. Medeiros’ RSUs structured under Gorilla Technology’s 2023 Omnibus Incentive Plan?
The RSUs are granted under the 2023 Omnibus Incentive Plan and convert one-for-one into ordinary shares upon vesting. Vesting depends on the earlier of July 13, 2026, or a change in control, plus his ongoing service and the award agreement’s conditions.