Hilty Justin C. 4
Research Summary
AI-generated summary
GrabAGun (PEW) CFO Justin C. Hilty Sells Shares
What Happened
Justin C. Hilty, Chief Financial Officer of GrabAGun Digital Holdings Inc. (PEW), executed two sales on 2026-02-13 to cover tax withholding on issued restricted stock units. Each sale was for 2,506 shares at $2.82 per share (about $7,067 each), totaling 5,012 shares for approximately $14,134. These were sales (S) and not purchases — routine sell-to-cover transactions rather than open-market discretionary buys.
Key Details
- Transaction date: 2026-02-13. Price: $2.82 per share.
- Shares sold: 2,506 shares (F1) + 2,506 shares (F2) = 5,012 shares. Reported proceeds ≈ $7,067 and $7,067 (total ≈ $14,134).
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnotes: F1 and F2 state these were sell-to-cover sales to satisfy tax withholding for RSUs that vested on Oct 15, 2025 (F1) and Jan 15, 2026 (F2). Both transactions were effected pursuant to a Rule 10b5‑1 trading plan and “do not represent discretionary trades” by the reporting person.
- Filing date: 2026-02-13 (same day as the transactions), which appears timely based on the report.
Context
Sell-to-cover transactions are commonly used to pay tax withholding when RSUs vest and, when executed under a Rule 10b5‑1 plan, indicate the trades were pre-planned rather than discretionary. Such tax-related sales generally do not carry the same interpretive weight as voluntary open-market purchases by insiders.