GrabAGun ex-CFO sells 16,384 shares to cover tax
Former GrabAGun Digital Holdings CFO reports RSU vesting tied to retirement, a small 10b5-1 sale to cover taxes, and 2.5 million shares held indirectly.
Rhea-AI Filing Summary
GrabAGun Digital Holdings Inc. (PEW) reports that former Chief Financial Officer Justin C. Hilty had 66,667 restricted stock units accelerate and fully vest on September 1, 2026 in connection with his retirement, converting into the same number of common shares at no cost. On September 2, 2026 he sold 16,384 common shares at a weighted average price between $2.25 and $2.28 per share in “sell to cover” transactions to satisfy tax withholding obligations, effected under a Rule 10b5-1 trading plan. Hilty also reports 2,500,000 common shares held indirectly through Hilty Holdings, Ltd., a family limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Hilty Justin C.
Role
Insider
Sold
16,384 shs ($37K)
Approx. gross sale proceeds
$37K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 16,384 | $2.2501 | $37K |
| Exercise | Restricted Stock Units F1, F5 | 66,667 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 66,667 | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 74,517 shares (Direct);
Common Stock — 2,500,000 shares (Indirect, By Hilty Holdings, Ltd.)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive without payment one share of common stock of the Issuer.
- F2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the issuance of shares related to the restricted stock units that vested on September 1, 2026. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan and do not represent discretionary trades by the Reporting Person.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.25 to $2.28 per share, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- F4. Represents shares of common stock previously transferred to a family limited partnership in transactions exempt from Section 16 pursuant to Rule 16a-13.
- F5. On September 29, 2025, the Reporting Person was granted 100,000 restricted stock units that vest in 12 equal quarterly increments commencing on July 15, 2025, with the first quarterly vesting occurring on October 15, 2025 (the "Original Grant"). The remaining 66,667 unvested restricted stock units under the Original Grant were accelerated and became fully vested on September 1, 2026 in connection with the Reporting Person's retirement as an officer of the Issuer effective September 1, 2026.
Key Figures
Shares sold to cover taxes: 16,384 shares
Weighted average sale price range: $2.25–$2.28 per share
RSUs accelerated and vested: 66,667 restricted stock units
+2 more
5 metrics
Shares sold to cover taxes
16,384 shares
Common stock sold on September 2, 2026 to cover tax withholding
Weighted average sale price range
$2.25–$2.28 per share
Price range for 16,384 common shares sold on September 2, 2026
RSUs accelerated and vested
66,667 restricted stock units
Unvested RSUs from a 100,000-unit grant vested on September 1, 2026
RSU grant size
100,000 restricted stock units
Granted on September 29, 2025, vesting in 12 equal quarterly increments
Indirectly held common shares
2,500,000 shares
Common stock held indirectly by Hilty Holdings, Ltd. as of September 1, 2026
Key Terms
restricted stock units, Rule 10b5-1 trading plan, sell to cover, family limited partnership, +1 more
5 terms
restricted stock units financial
"Each restricted stock unit represents a contingent right to receive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 trading plan regulatory
"sell to cover transactions were effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
sell to cover financial
"Represents the number of shares sold by the Reporting Person to cover tax"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
family limited partnership financial
"previously transferred to a family limited partnership in transactions exempt"
Rule 16a-13 regulatory
"transactions exempt from Section 16 pursuant to Rule 16a-13"
FAQ
What did former CFO Justin C. Hilty report in this Form 4 for PEW?
He reported accelerated vesting of 66,667 restricted stock units into common stock on September 1, 2026, a sale of 16,384 shares on September 2, 2026 to cover taxes, and indirect ownership of 2,500,000 shares via Hilty Holdings, Ltd.
What happened to Justin C. Hilty’s restricted stock units in PEW?
He was granted 100,000 restricted stock units on September 29, 2025. The remaining 66,667 unvested RSUs were accelerated and became fully vested on September 1, 2026 in connection with his retirement as an officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
