STOCK TITAN

Director Evan S. Medeiros sells 17,790 Gorilla (NASDAQ: GRRR) shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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 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)
  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.
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
Ordinary Shares financial
"Gorilla Technology Group Inc. director Evan S. Medeiros sold a total of 17,790 Ordinary Shares of GRRR"
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.
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"
SEC Form 4
FORM 4UNITED 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*
Medeiros Evan S

(Last)(First)(Middle)
64 NORTH ROW

(Street)
LONDONW1K7DA

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares04/14/2026S5,186D$12.004(1)33,540D
Ordinary Shares04/15/2026S12,604D$12.162(2)20,936D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ Evan Medeiros04/16/2026
** Signature of Reporting PersonDate
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)

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.

How many Gorilla Technology Group (GRRR) shares did Evan S. Medeiros sell on each date?

Evan S. Medeiros sold 5,186 Ordinary Shares of Gorilla Technology Group on April 14, 2026 and 12,604 shares on April 15, 2026. Together, these transactions total 17,790 shares sold in open-market trades reported on the Form 4.

At what prices did Evan S. Medeiros sell his GRRR Ordinary Shares?

The shares sold by Evan S. Medeiros were executed at weighted average prices of $12.004 per share on April 14, 2026 and $12.162 per share on April 15, 2026. Footnotes state individual trades ranged from $12.00 to $12.395 per share.

How many Gorilla Technology Group (GRRR) shares does Evan S. Medeiros hold after these sales?

Following the most recent reported sale, Evan S. Medeiros directly holds 20,936 Ordinary Shares of Gorilla Technology Group. The Form 4 also shows no derivative securities remaining for him in this filing, so the reported position consists entirely of Ordinary Shares after the transactions.

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.