Hilty Justin C. 4

What Happened

• Justin C. Hilty, Chief Financial Officer of GrabAGun Digital Holdings Inc. (PEW), had 8,334 restricted stock units (RSUs) convert into 8,334 shares on April 15, 2026. A portion of those shares — 2,043 — were sold in the open market on April 16, 2026 at $2.98 per share for proceeds of $6,088 to cover tax withholding. The RSU conversion is reported as a derivative exercise/conversion (code M) and the sell was effected under a Rule 10b5-1 plan.

Key Details

• Transaction dates/prices:
  • 2026-04-15: 8,334 RSUs converted to 8,334 common shares (derivative exercise/conversion).
  • 2026-04-16: 2,043 shares sold at $2.98 for $6,088 (open market sale).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes:
  • F1: RSUs convert one-for-one into common stock.
  • F2: The 2,043-share sale was a "sell to cover" to satisfy tax withholding and was executed under a Rule 10b5-1 plan (not a discretionary trade).
  • F3: Some shares were previously transferred to a family limited partnership in transactions exempt under Rule 16a-13.
  • F4: The RSUs stem from a 100,000-RSU grant that vests in 12 equal quarterly increments; the April 15, 2026 conversion represents one quarterly vesting installment.
• Filing timeliness: The Form 4 was filed on April 16, 2026 for activity on April 15–16, 2026 (timely filing).

Context

• The derivative code M here reflects RSU conversion (not a cash purchase). The subsequent sale of a subset of vested shares to cover taxes is a common, routine practice and does not by itself indicate a broader view on the company's stock.