Glimpse Group (GGRP) Former Director Ruckdaeschel Receives Stock Awards

What Happened

• Alexander Ruckdaeschel, a former director of Glimpse Group, received two awards of derivative securities: 37,500 shares granted on 2025-01-01 and 60,417 shares granted on 2026-05-01. Both grants show an acquisition price of $0.00 (derivative awards), totaling 97,917 shares.
• These were awards/grants (not open-market purchases or sales). The first award vested in equal monthly increments during 2025; the second award vested immediately upon grant.

Key Details

• Transaction dates and prices:
  • 2025-01-01: Award of 37,500 derivative shares at $0.00 (F1: vested in equal monthly increments from 1/31/2025–12/31/2025).
  • 2026-05-01: Award of 60,417 derivative shares at $0.00 (F2: vested immediately upon grant).
• Total awarded: 97,917 derivative shares (aggregate grant amount at $0.00).
• Shares beneficially owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 describes the monthly vesting schedule for the 37,500-share award; F2 notes immediate vesting of the 60,417-share award.
• Filing timeliness: Form 4 was filed on 2026-07-30, well after the 2025 and 2026 grant dates, indicating the filing was not timely relative to typical Form 4 reporting windows.

Context

• These entries reflect awards of derivative securities (likely options or restricted-equity awards) granted as compensation or under an equity plan; they are not purchases or sales in the open market.
• Because the grants were recorded at $0.00, the Form 4 does not state an immediate cash value—actual economic value depends on the award type and future share price/terms.
• Awards to a former director are often compensation-related; this filing documents receipt/vesting but does not by itself indicate insider sentiment or a trading decision.