GDEV Inc. Nexters CEO Anton Reingold Exercises Options

What Happened

• Anton Reingold, listed as Chief Executive Officer of Nexters Global Ltd., exercised 22,072 options in GDEV on 2026-08-21 (reported on Form 4). The exercise/conversion is reported at $0.00 per share. To cover tax withholding, 3,863 shares were surrendered/disposed at $11.24 each, totaling $43,420.
• This was an options exercise with a partial share surrender to satisfy tax obligations (a routine, non-open-market sale), not a discretionary open-market sale.

Key Details

• Transaction date: 2026-08-21; Form 4 filed 2026-08-24 (no late filing indicated).
• Options exercised/converted: 22,072 shares (transaction code M).
• Shares surrendered/withheld for taxes: 3,863 shares at $11.24 each, total $43,420 (transaction code F).
• Exercise price reported: $0.00 per share (as shown on the filing).
• Footnote: F1 — the stock option is fully vested and exercisable.
• Shares owned after the transaction: not specified in the filing.
• The filing also shows a derivative disposition entry (22,072, code M), reflecting conversion/termination of the options upon exercise.

Context

• This appears to be a net-share/withholding settlement: the insider exercised options and surrendered a portion of the resulting shares to cover tax withholding rather than selling on the open market. Such withholding transactions are common and primarily tax-driven, not necessarily a signal of confidence or lack thereof.
• Transaction codes: M = option exercise/conversion; F = payment of exercise price or tax liability (here used for share withholding).