Gates Tyler 4

What Happened

• Tyler Gates, President, CEO and a director of Glimpse Group, received equity awards on May 18, 2026 totaling 81,819 shares. The filing shows two grant entries: 36,364 shares at $0.55 valued at $20,000, and 45,455 shares at $0.55 (recorded as a derivative award) valued at $25,000. These were acquisition-type awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-05-18; Filing date: 2026-06-18 (filed about one month later)
• Prices and values: 36,364 shares @ $0.55 = $20,000; 45,455 shares @ $0.55 (derivative) = $25,000; total ≈ $45,000
• Shares owned after transaction: Not specified in the Form 4 provided
• Transaction codes: A = Award/Grant; one award is marked as “derivative” (the filing does not specify instrument type)
• Footnotes/exhibits: Exhibit 24 — Power of Attorney is included
• Timeliness: The Form 4 was filed late relative to the typical 2-business-day rule (transactionTimeliness = 'L')

Context

• These entries reflect compensation or company-granted equity rather than an open-market purchase (so they are not a direct market signal like a buy). The derivative-marked award indicates an equity-based instrument recorded as a derivative (e.g., certain options or RSUs), but the filing does not detail the exact instrument or vesting/sale activity. The late filing is noted; retail investors may consider timeliness when weighing disclosure quality.