GrabAGun CFO sells shares to cover taxes

GrabAGun Digital Holdings chief financial officer Justin C. Hilty exercised 8,333 restricted stock units into common stock on July 15, 2026, then sold 2,044 shares at $2.57 on July 16, 2026 to cover tax withholding obligations under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

GrabAGun Digital Holdings chief financial officer Justin C. Hilty exercised 8,333 restricted stock units into common stock on July 15, 2026, then sold 2,044 shares at $2.57 on July 16, 2026 to cover tax withholding obligations under a Rule 10b5-1 trading plan. Following these transactions, he directly holds 24,234 common shares and indirectly holds 2,500,000 shares through Hilty Holdings, Ltd., plus 66,667 restricted stock units remaining from a 100,000-unit grant made on September 29, 2025.

Insider Trade Summary 10b5-1

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Hilty Justin C.

Role Chief Financial Officer

Sold 2,044 shs ($5K)

Approx. gross sale proceeds $5K

Type	Security	Shares	Price	Value
Sale	Common Stock F2	2,044	$2.57	$5K
Exercise	Restricted Stock Units F1, F4	8,333	$0.00	$0.00
Exercise	Common Stock F1	8,333	--	--
holding	Common Stock F3	--	--	--

Holdings After Transaction: Restricted Stock Units — 66,667 contracts (Direct); Common Stock — 24,234 shares (Direct); Common Stock — 2,500,000 shares (Indirect, By Hilty Holdings, Ltd.)

Footnotes (4)

1. F1. Each restricted stock unit represents a contingent right to receive without payment one share of common stock of the Issuer.
2. 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 July 15, 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.
3. F3. Represents shares of common stock previously transferred to a family limited partnership in transactions exempt from Section 16 pursuant to Rule 16a-13.
4. F4. 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.

Key Figures

Shares sold: 2,044 shares Sale price: $2.57 per share RSUs exercised: 8,333 units +4 more

7 metrics

Shares sold 2,044 shares Common stock sold on July 16, 2026 to cover tax withholding obligations

Sale price $2.57 per share Price for the 2,044 common shares sold on July 16, 2026

RSUs exercised 8,333 units Restricted stock units converted into common stock on July 15, 2026

Direct holdings after transactions 24,234 shares Common stock directly owned by Justin C. Hilty following the reported trades

Indirect holdings 2,500,000 shares Common stock held indirectly through Hilty Holdings, Ltd.

Remaining RSUs 66,667 units Restricted stock units remaining after the July 15, 2026 exercise

RSU grant size 100,000 units Restricted stock units granted on September 29, 2025, vesting in 12 quarterly increments

Key Terms

Rule 10b5-1 trading plan, restricted stock units, sell to cover, family limited partnership, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan"

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.

restricted stock units financial

"Each restricted stock unit represents a contingent right to receive without payment one share"

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.

sell to cover financial

"Represents the number of shares sold by the Reporting Person to cover tax withholding obligations"

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

"Represents shares of common stock previously transferred to a family limited partnership"

Rule 16a-13 regulatory

"transferred to a family limited partnership in transactions exempt from Section 16 pursuant to Rule 16a-13"

FAQ

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

What insider transactions did GrabAGun Digital Holdings (PEW) CFO Justin C. Hilty report?

CFO Justin C. Hilty exercised 8,333 restricted stock units into common stock on July 15, 2026, then sold 2,044 shares at $2.57 on July 16, 2026 to cover tax withholding obligations under a Rule 10b5-1 trading plan.

How many GrabAGun Digital Holdings (PEW) shares does Justin C. Hilty own after these transactions?

After the reported activity, Justin C. Hilty directly owns 24,234 GrabAGun Digital Holdings common shares and indirectly owns 2,500,000 common shares through Hilty Holdings, Ltd., a family limited partnership referenced in the ownership footnotes.

Were Justin C. Hilty’s GrabAGun Digital (PEW) share sales discretionary trades?

The sale of 2,044 shares at $2.57 was described as a “sell to cover” transaction to satisfy tax withholding obligations related to vested restricted stock units and was effected pursuant to a Rule 10b5-1 trading plan, not as a discretionary trade.

What restricted stock unit grant does GrabAGun Digital (PEW) CFO Justin C. Hilty hold?

On September 29, 2025, Justin C. Hilty 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, according to the grant footnote.

How many restricted stock units remain for GrabAGun Digital (PEW) CFO Justin C. Hilty?

Following the July 15, 2026 exercise, Justin C. Hilty has 66,667 restricted stock units remaining from his 100,000-unit grant, each representing a contingent right to receive one share of GrabAGun Digital Holdings common stock without payment.

What is Hilty Holdings, Ltd.’s relationship to GrabAGun Digital (PEW) shares?

An indirect holding entry shows 2,500,000 GrabAGun Digital common shares held “By Hilty Holdings, Ltd.”. A footnote states these shares were previously transferred to a family limited partnership in transactions exempt from Section 16 under Rule 16a-13.

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

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Accepted by SEC EDGAR 07/17/2026 - 05:59 PM Learn about SEC filing dates

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).

X

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^*

Hilty Justin C.

(Last) (First) (Middle)

C/O GRABAGUN DIGITAL HOLDINGS INC.

200 EAST BELTLINE ROAD, SUITE 403

(Street)

COPPELL TEXAS 75019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GrabAGun Digital Holdings Inc. [ PEW ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/15/2026		M		8,333	A	(1)	26,278	D
Common Stock	07/16/2026		S		2,044(2)	D	$2.57	24,234	D
Common Stock								2,500,000(3)	I	By Hilty Holdings, Ltd.

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/15/2026		M			8,333	(4)	(4)	Common Stock	8,333	$0	66,667	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive without payment one share of common stock of the Issuer.

2. 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 July 15, 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.

3. Represents shares of common stock previously transferred to a family limited partnership in transactions exempt from Section 16 pursuant to Rule 16a-13.

4. 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.

	/s/ Jonathan Wolens, as attorney-in-fact	07/17/2026
	** 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)