4Filed Jul 26, 8:00 PM ET

Glimpse Group (GGRP) Former Director Jeffrey Enslin Receives Option Awards

$GGRP · Glimpse Group, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Glimpse Group (GGRP) Former Director Jeffrey Enslin Receives Option Awards

What Happened Jeffrey D. Enslin, a former director of Glimpse Group, was reported as acquiring derivative awards (options) totaling 91,875 shares: 37,500 shares dated 2025-01-01 and 54,375 shares dated 2026-05-01. Both awards are reported at $0.00 per share on the Form 4, indicating they are derivative awards granted to Enslin (via an entity he controls). The first grant vested in equal monthly installments across 2025; the second grant vested immediately upon grant.

Key Details

  • Transaction types: Award/Grant (code A) — derivative option awards.
  • Dates and amounts: 1/1/2025 — 37,500 shares (vested monthly 1/31/2025–12/31/2025); 5/1/2026 — 54,375 shares (vested immediately).
  • Price reported: $0.00 per share on the Form 4 (derivative awards).
  • Total potential shares from these grants: 91,875.
  • Recipient/entity: Footnote indicates Perimetre Capital, LLC — an entity owned and managed by Mr. Enslin.
  • Post-transaction holdings: Not specified on the filing.
  • Filing date vs. transaction date: Form 4 was filed 2026-07-27 for a 2025 transaction date; this reporting appears late, which can reduce short-term transparency for investors.

Context These filings describe option/derivative awards rather than open-market buys or sales. The first award’s monthly vesting means shares became exercisable over 2025; the second award was immediately vested. Awards to entities controlled by an insider (Perimetre Capital, LLC) are common; they do not necessarily indicate a change in personal conviction. Because the Form 4 was filed long after the 2025 grant date, investors should consult the full Form 4 for exact language, vesting schedules, and any additional disclosures before drawing conclusions.