Director Evan S. Medeiros sells 17,790 Gorilla (NASDAQ: GRRR) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gorilla Technology Group Inc. director Evan S. Medeiros sold a total of 17,790 Ordinary Shares of GRRR in open-market transactions. On April 14, 2026, he sold 5,186 shares at a weighted average price of $12.004 per share. On April 15, 2026, he sold 12,604 shares at a weighted average price of $12.162 per share. The filing notes that individual trade prices on these days ranged from $12.00 to $12.395 per share. After the most recent sale, Medeiros directly holds 20,936 Ordinary Shares of Gorilla Technology Group, with no remaining derivative positions reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,790 shares ($215,543)
Net Sell
2 txns
Insider
Medeiros Evan S
Role
Director
Sold
17,790 shs ($216K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 12,604 | $12.162 | $153K |
| Sale | Ordinary Shares | 5,186 | $12.004 | $62K |
Holdings After Transaction:
Ordinary Shares — 20,936 shares (Direct)
Footnotes (1)
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $12.00 to $12.04 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $12.00 to $12.395 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold April 14, 2026: 5,186 shares
Price April 14, 2026: $12.004 per share
Shares sold April 15, 2026: 12,604 shares
+3 more
6 metrics
Shares sold April 14, 2026
5,186 shares
Open-market sale of Ordinary Shares at weighted average price
Price April 14, 2026
$12.004 per share
Weighted average sale price; trades ranged from $12.00 to $12.04
Shares sold April 15, 2026
12,604 shares
Open-market sale of Ordinary Shares at weighted average price
Price April 15, 2026
$12.162 per share
Weighted average sale price; trades ranged from $12.00 to $12.395
Total shares sold
17,790 shares
Combined open-market sales on April 14 and April 15, 2026
Shares held after transactions
20,936 shares
Direct Ordinary Share holdings after April 15, 2026 sale
Key Terms
Ordinary Shares, open-market sale, weighted average price, Form 4, +1 more
5 terms
open-market sale financial
"transactions total 17,790 shares sold in open-market trades reported on the Form 4"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"sold at weighted average prices of $12.004 per share and $12.162 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"according to the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"coded as “S” transactions on the Form 4"
FAQ
What insider activity did Gorilla Technology Group (GRRR) report for Evan S. Medeiros?
Gorilla Technology Group reported that director Evan S. Medeiros sold 17,790 Ordinary Shares in open-market transactions. The sales took place over two days in April 2026 and were executed at prices slightly above $12 per share, according to the Form 4 filing.
What type of transactions did Evan S. Medeiros execute in Gorilla Technology Group (GRRR) stock?
Evan S. Medeiros executed open-market sales of Gorilla Technology Group Ordinary Shares, coded as “S” transactions on the Form 4. These represent standard market dispositions of existing shares, not option exercises, gifts, or tax-withholding events, based on the filing’s transaction descriptions.
Did the Gorilla Technology Group (GRRR) Form 4 mention a trading plan for these insider sales?
The provided Form 4 details share counts, dates, and prices for Evan S. Medeiros’ sales but does not reference a Rule 10b5-1 trading plan in the available footnotes. The footnotes instead explain weighted average pricing and the price ranges for the executed trades.