High Roller CFO sells 3,600 shares at $5.42

High Roller Technologies, Inc. (ROLR) reported that its Chief Financial Officer, Adam Jonathan Felman, sold 3,600 shares of common stock on August 19, 2026 at $5.42 per share.

Rhea-AI Filing Summary

High Roller Technologies, Inc. (ROLR) reported that its Chief Financial Officer, Adam Jonathan Felman, sold 3,600 shares of common stock on August 19, 2026 at $5.42 per share. The sale was made pursuant to a Rule 10b5-1 Plan adopted on May 14, 2026 to satisfy tax withholding obligations related to vesting RSUs. Following this transaction, Felman directly holds 157,425 shares, and a portion of these holdings consists of RSUs, each representing a contingent right to receive one share of common stock.

Insider Trade Summary 10b5-1

Net Seller: 3,600 shares

Net Sell 1 txn

Insider Felman Adam Jonathan

Role Chief Financial Officer

Sold 3,600 shs ($20K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	3,600	$5.42	$20K

Holdings After Transaction: Common Stock — 157,425 shares (Direct)

Footnotes (2)

1. F1. Represents shares sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 14, 2026, to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSU").
2. F2. Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock, subject to the applicable vesting schedule and conditions of each RSU.

Key Figures

Shares sold: 3,600 shares of Common Stock Sale price per share: $5.42 per share Shares held after transaction: 157,425 shares +1 more

4 metrics

Shares sold 3,600 shares of Common Stock Sale on August 19, 2026 by the CFO

Sale price per share $5.42 per share Price for the 3,600 shares sold on August 19, 2026

Shares held after transaction 157,425 shares Direct holdings of the CFO following the August 19, 2026 sale

Rule 10b5-1 Plan adoption date May 14, 2026 Date the CFO adopted the trading plan used for this sale

Key Terms

Rule 10b5-1 Plan, restricted stock units, RSUs, contingent right

4 terms

Rule 10b5-1 Plan regulatory

"Represents shares sold pursuant to a Rule 10b5-1 Plan adopted"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

restricted stock units financial

"tax withholding obligations in connection with the vesting of restricted stock units"

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.

RSUs financial

"Certain of these securities are RSUs. Each RSU represents a contingent right"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

contingent right financial

"Each RSU represents a contingent right to receive one share"

FAQ

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

What insider transaction did ROLR disclose for CFO Adam Jonathan Felman?

ROLR disclosed that CFO Adam Jonathan Felman sold 3,600 shares of common stock on August 19, 2026 at $5.42 per share, leaving him with 157,425 shares held directly, some of which are RSUs.

Was the ROLR CFO’s August 19, 2026 stock sale under a Rule 10b5-1 plan?

Yes. The filing states the 3,600 shares were sold under a Rule 10b5-1 Plan adopted by the CFO on May 14, 2026, indicating the transaction followed a pre-established trading plan.

Why did the ROLR CFO sell 3,600 shares according to the Form 4?

The filing explains that the 3,600 shares were sold to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs), rather than as a discretionary sale unrelated to those tax obligations.

How many ROLR shares does the CFO hold after the reported sale?

After the sale, CFO Adam Jonathan Felman directly holds 157,425 shares of High Roller Technologies, Inc. common stock. The filing notes that certain of these securities are RSUs that may convert into shares upon vesting.

What are RSUs in the context of the ROLR CFO’s holdings?

The filing states that certain securities are restricted stock units (RSUs), where each RSU represents a contingent right to receive one share of ROLR common stock, subject to the RSU’s vesting schedule and conditions.

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

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Available on EDGAR 08/21/2026 - 11:31 AM EDT Accepted by SEC EDGAR 08/21/2026 - 11:30 AM EDT 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^*

Felman Adam Jonathan

(Last) (First) (Middle)

400 SOUTH 4TH STREET

SUITE 500-#390

(Street)

LAS VEGAS NEVADA 89101

(City) (State) (Zip)

UNITED STATES

(Country)

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

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)
08/19/2026

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	08/19/2026		S		3,600(1)	D	$5.42	157,425(2)	D

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. Represents shares sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on May 14, 2026, to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSU").

2. Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock, subject to the applicable vesting schedule and conditions of each RSU.

	/s/ Adam Felman	08/21/2026
	** 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)