High Roller Technologies Form 4: Director Boosts Ownership via Equity Grant

Rhea-AI Filing Summary

High Roller Technologies (ROLR) Form 4: Director Daniel W. Bradtke reported the receipt of 24,079 restricted common shares on 08/01/2025 under the company’s 2024 Equity Incentive Plan at $0 cost. Following the grant he now owns 34,979 shares directly and 119,305 shares indirectly through DJLD Investments Ltd., for a total beneficial stake of 154,284 shares.

No shares were sold and no derivative securities were exercised. The transaction modestly increases insider ownership and incurs only limited dilution, but it signals continued alignment of the director’s financial interests with shareholders.

Positive

• Director’s ownership increases, improving alignment with shareholder interests.
• No shares were sold, avoiding negative signals about insider confidence.

Negative

• Shares granted at zero cost create slight dilution without cash inflow.
• No performance conditions disclosed, limiting incentive strength.

Insights

Financial Analyst

TL;DR summary:

Small equity grant raises director’s stake to 154 k shares; immaterial dilution, neutral valuation impact.

The award is compensation rather than an open-market purchase, so cash outlay is nil and commitment signal is weak. While additional insider ownership can be viewed positively, the share count is too small to influence earnings per share or governance outcomes materially. No trading of derivatives or sales reduces concerns over near-term insider profit-taking. Net impact on valuation is therefore neutral.

Corporate Governance Expert

TL;DR summary:

Grant aligns incentives; negligible dilution; routine governance event.

Issuing restricted stock under a shareholder-approved incentive plan is standard practice for retaining key directors. Grant size appears modest relative to likely shares outstanding, limiting dilution risk. Because no performance conditions are disclosed, investors should monitor future equity issuance and vesting schedules, but this single grant does not materially alter control or pose governance red flags.

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
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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^*

Bradtke Daniel Waldemar

(Last) (First) (Middle)

400 SOUTH 4TH STREET, SUITE 500-#390

74B CASA MADRESELVAS

(Street)

LAS VEGAS, NV 89101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
High Roller Technologies, Inc. [ ROLR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/01/2025		A		24,079(1)	A	$0	34,979	D
Common Stock								119,305	I	See Footnote(2)

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

Explanation of Responses:

1. The reported transaction involved the Reporting Person's receipt of 24,079 restricted shares of common stock pursuant to the High Roller Technologies, Inc. 2024 Equity Incentive Plan.

2. Includes indirect beneficial ownership of 119,305 shares of common stock of the Issuer. Mr. Bradtke is the ultimate beneficiary owner of DJLD Investments Limited ("DJLD") and has sole voting and dispositive power over the shares held by DJLD.

	/s/ Daniel Bradtke	08/05/2025
	** 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.

FAQ

How many ROLR shares did Director Bradtke acquire on 08/01/2025?

He received 24,079 restricted shares under the 2024 Equity Incentive Plan.

What is Bradtke’s total beneficial ownership after the transaction?

Bradtke now beneficially owns 154,284 ROLR shares (34,979 direct, 119,305 indirect).

Were any shares sold in this Form 4 filing?

No; the filing only reports an award of restricted shares—no dispositions occurred.

Through which entity does Bradtke hold his indirect ROLR shares?

Indirect shares are held via DJLD Investments Limited, over which he has sole voting and dispositive power.

What plan authorized the restricted stock grant?

The shares were granted pursuant to the High Roller Technologies, Inc. 2024 Equity Incentive Plan.

Did the filing include any derivative securities transactions?

No derivative securities were acquired or disposed of in this report.