High Roller Technologies (ROLR) CEO awarded 120,500 RSUs under 2024 plan
Rhea-AI Filing Summary
Young Seth Adam reported acquisition or exercise transactions in this Form 4 filing.
High Roller Technologies, Inc. Chief Executive Officer Seth Adam Young received an equity grant consisting of 120,500 restricted stock units, or RSUs. These RSUs were awarded under the company’s 2024 Equity Incentive Plan as part of his compensation and represent a contingent right to receive common shares upon vesting.
Of the total grant, 70,000 RSUs will vest in equal quarterly installments over three years, while 50,500 RSUs will vest only if specified performance conditions are achieved and certified by the board, subject to his continued service. After this grant, his reported holdings include the 120,500 new RSUs, 75,000 previously awarded RSUs of which none have vested, and 12,796 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 120,500 | $0.00 | -- |
Footnotes (1)
- The reported transaction involved the Reporting Person's receipt of 120,500 restricted stock units ("RSUs"). The RSUs were granted pursuant to the High Roller Technologies, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. Of the total RSUs reported, 70,000 RSUs shall vest in equal quarterly installments over a period of three years, and the remaining 50,500 RSUs are subject to vesting upon the achievement of certain performance conditions, as determined and certified by the board of directors of the Issuer, subject to the Reporting Person's continued service. The total reported in Column 5 includes (i) the 120,500 newly awarded RSUs, (ii) 75,000 RSUs of which 0 have vested and (iii) 12,796 shares of common stock.