What does the 14,301-share transaction in GRRR represent?

The 14,301-share entry represents Ordinary Shares associated with restricted stock units that vested on July 13, 2026 under Gorilla Technology Group’s 2023 Omnibus Incentive Plan, recorded as an “other acquisition or disposition” rather than an open-market buy or sell.

Gorilla Technology director reports 14,301-share RSU vest

Q: What is the role of restricted stock units in Kelly Ruth’s GRRR holdings?

Restricted stock units (RSUs) granted under Gorilla Technology Group’s 2023 Omnibus Incentive Plan vested on July 13, 2026. The vesting event is associated with the reported 14,301 Ordinary Shares and contributes to Kelly Ruth’s post-transaction holdings of 135,928 shares.

Gorilla Technology Group Inc. director Kelly Ruth reported an “other” transaction involving 14,301 Ordinary Shares on July 13, 2026 at $0.00 per share, in connection with restricted stock units that vested under the 2023 Omnibus Incentive Plan.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Gorilla Technology Group Inc. director Kelly Ruth reported an “other” transaction involving 14,301 Ordinary Shares on July 13, 2026 at $0.00 per share, in connection with restricted stock units that vested under the 2023 Omnibus Incentive Plan. Ruth now holds 135,928 shares directly.

Insider Trade Summary

Other: 14,301 shares

Other 1 txn

Insider Kelly Ruth

Role Director

Type	Security	Shares	Price	Value
Other	Ordinary Shares ^F1	14,301	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 135,928 shares (Direct)

Footnotes (1)

F1. Restricted stock units ("RSUs") granted under the Issuer's 2023 Omnibus Incentive Plan (the "Plan") that vested on July 13, 2026.

Key Figures

Ordinary shares in transaction: 14,301 shares Transaction price per share: $0.00 Shares owned after transaction: 135,928 shares +1 more

4 metrics

Ordinary shares in transaction 14,301 shares Other transaction reported on July 13, 2026

Transaction price per share $0.00 Recorded price for 14,301 Ordinary Shares

Shares owned after transaction 135,928 shares Direct holdings of Kelly Ruth following the reported event

Restructuring shares 14,301 shares Shares classified under restructuring-type “other” transaction

Key Terms

Restricted stock units ("RSUs"), 2023 Omnibus Incentive Plan, Ordinary Shares, other acquisition or disposition

4 terms

Restricted stock units ("RSUs") financial

"Restricted stock units ("RSUs") granted under the Issuer's 2023 Omnibus Incentive Plan"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2023 Omnibus Incentive Plan financial

"RSUs granted under the Issuer's 2023 Omnibus Incentive Plan (the "Plan")"

Ordinary Shares financial

"security_title: Ordinary Shares, transaction_shares: 14301.0000"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition"

FAQ

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

What insider transaction did Kelly Ruth report for GRRR?

Director Kelly Ruth reported an “other” transaction involving 14,301 Ordinary Shares of Gorilla Technology Group Inc. on July 13, 2026, tied to restricted stock units that vested under the company’s 2023 Omnibus Incentive Plan.

How many Gorilla Technology Group (GRRR) shares does Kelly Ruth hold after the transaction?

Following the reported transaction, Kelly Ruth directly holds 135,928 Ordinary Shares of Gorilla Technology Group Inc. This figure reflects her position after the vesting of 14,301 restricted stock units on July 13, 2026.

At what price were Kelly Ruth’s 14,301 GRRR shares recorded?

The 14,301 Ordinary Shares linked to Kelly Ruth’s transaction were recorded at $0.00 per share. This aligns with the nature of the event, which is connected to the vesting of restricted stock units instead of a cash purchase in the open market.

What is the role of restricted stock units in Kelly Ruth’s GRRR holdings?

Restricted stock units (RSUs) granted under Gorilla Technology Group’s 2023 Omnibus Incentive Plan vested on July 13, 2026. The vesting event is associated with the reported 14,301 Ordinary Shares and contributes to Kelly Ruth’s post-transaction holdings of 135,928 shares.

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

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Accepted by SEC EDGAR 07/15/2026 - 06:03 PM EDT

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^*

Kelly Ruth

(Last)

(First)

(Middle)

64 NORTH ROW

(Street)

LONDON

W1K7DA

(City)

(State)

(Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Gorilla Technology Group Inc. [ GRRR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	07/13/2026		J		14,301	A	$0⁽¹⁾	135,928	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock units ("RSUs") granted under the Issuer's 2023 Omnibus Incentive Plan (the "Plan") that vested on July 13, 2026.

	/s/ Ruth Kelly	07/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR