Glimpse Group (GGRP) Former Director Charles Morgan Receives Awards

What Happened

• Charles Ian Morgan, listed as a former director of Glimpse Group, received two derivative equity awards (reported as acquisitions, code A) totaling 97,917 shares: 37,500 on 2025-01-01 and 60,417 on 2026-05-01. Both grants are reported with a $0.00 per-share price (no cash paid on grant). These were awards/option-like instruments, not open-market purchases or sales.

Key Details

• Transaction dates and reported prices:
  • 2025-01-01 — 37,500 derivative shares @ $0.00 (A)
  • 2026-05-01 — 60,417 derivative shares @ $0.00 (A)
• Vesting notes:
  • The 37,500 award vested in equal monthly increments from 1/31/2025 through 12/31/2025 (footnote F1).
  • The 60,417 award vested immediately upon grant (footnote F2).
• Shares owned after the transactions: not specified in the supplied filing summary.
• Filing timeliness: the Form 4 was filed on 2026-07-27 for a report period starting 2025-01-01 — this indicates a late filing, which reduces the timeliness of public disclosure.

Context

• These transactions are grant-type derivative awards (options/RSUs or similar). A reported $0.00 per-share price typically means the insider did not pay cash at grant; it is not the same as a market purchase and does not by itself signal the insider buying stock on the open market.
• Because this involved a former director and the grants include vesting schedules, the transactions may reflect compensation or retention arrangements rather than trading intent. The late filing delays investor visibility into these awards.