Gorilla Technology Group Inc.·4

Apr 16, 11:10 AM ET

Medeiros Evan S 4

Research Summary

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Gorilla Technology (GRRR) Director Evan S. Medeiros Sells Shares

What Happened
Evan S. Medeiros, a director of Gorilla Technology Group Inc. (GRRR), sold a total of 17,790 shares in two open‑market transactions. On 2026-04-14 he sold 5,186 shares at $12.00 per share (proceeds $62,253) and on 2026-04-15 he sold 12,604 shares at $12.16 per share (proceeds $153,290), for combined proceeds of roughly $215,543. These were sales (not purchases), which are often routine insider liquidity events and do not by themselves indicate company performance.

Key Details

  • Transaction dates and prices: 2026-04-14 — 5,186 shares @ $12.00 ($62,253); 2026-04-15 — 12,604 shares @ $12.16 ($153,290).
  • Total shares sold: 17,790; total reported proceeds: ~$215,543.
  • Footnotes: The filing notes weighted‑average pricing and price ranges; F1 reports sale prices ranged $12.00–$12.04 and F2 reports $12.00–$12.395, and the reporting person will provide a per‑price breakdown to the SEC or holders on request.
  • Filing timing: Form 4 was filed on 2026-04-16 covering trades on Apr 14–15 — appears to be filed within the typical two business‑day window (timely).
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context
These were open‑market sales (code S) by a director. Sales are common for insiders for diversification or personal liquidity and should be interpreted cautiously; purchases generally carry more weight as a bullish signal. The filing’s footnotes simply clarify weighted average pricing and offer to provide per‑trade price details if requested.