High Roller (ROLR) CFO receives 100,000 RSU equity grant under 2024 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Felman Adam Jonathan reported acquisition or exercise transactions in this Form 4 filing.
High Roller Technologies, Inc. reported that Chief Financial Officer Adam Jonathan Felman received an equity grant of 100,000 restricted stock units (RSUs) of common stock. The award was made at no cash cost to him under the company’s 2024 Equity Incentive Plan as part of his compensation.
Each RSU represents a right to receive one share of common stock upon vesting. Of the new RSUs, 40,000 vest in equal quarterly installments over three years, while 60,000 vest only if specified performance conditions are achieved and the CFO remains in service. After this grant, his reported holdings total 164,550 RSUs and shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Felman Adam Jonathan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 100,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 164,550 shares (Direct)
Footnotes (1)
- The reported transaction involved the Reporting Person's receipt of 100,000 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, 40,000 RSUs shall vest in equal quarterly installments over a period of three years, and the remaining 60,000 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 100,000 newly awarded RSUs, (ii) 50,000 RSUs of which 12,500 have vested, and (iii) 14,550 shares of common stock.
FAQ
What insider transaction did High Roller Technologies (ROLR) disclose for its CFO?
High Roller Technologies disclosed that its Chief Financial Officer, Adam Jonathan Felman, received a grant of 100,000 restricted stock units. The RSUs were awarded as compensation under the 2024 Equity Incentive Plan and involve no cash purchase, reflecting an equity-based incentive structure.
How many RSUs did the High Roller Technologies (ROLR) CFO receive and at what price?
The CFO received 100,000 restricted stock units of common stock at a stated price of $0.00 per unit. This indicates an equity award, not an open-market purchase, granted under the company’s 2024 Equity Incentive Plan as part of his overall compensation package.
What is the vesting schedule for the new RSUs granted to High Roller Technologies (ROLR) CFO?
Of the 100,000 RSUs, 40,000 vest in equal quarterly installments over three years. The remaining 60,000 RSUs vest only upon achievement of specified performance conditions, as determined and certified by the board, and are subject to the CFO’s continued service with the company.
Are all of the High Roller Technologies (ROLR) CFO’s new RSUs time-based?
No. Only 40,000 of the 100,000 RSUs vest in equal quarterly installments over three years. The remaining 60,000 RSUs are performance-based and vest only if certain conditions set and certified by the board are met, subject to continued service.
Is the High Roller Technologies (ROLR) CFO’s Form 4 transaction a market purchase or sale?
The Form 4 transaction is not a market purchase or sale. It is an acquisition of 100,000 restricted stock units as a grant or award, recorded with transaction code “A,” indicating a compensation-related equity grant rather than an open-market trade in the company’s shares.