Gorilla Technology (GRRR) CEO Chandan Jayesh Receives 119,178 RSUs

What Happened

• Chandan Jayesh, CEO, Chairman and a director of Gorilla Technology Group Inc. (GRRR), was reported to have acquired 119,178 shares on July 13, 2026. The reported transaction price was $0.00 per share (total reported value $0), reflecting vesting of restricted stock units rather than an open-market purchase.

Key Details

• Transaction date: July 13, 2026; Form 4 filed July 15, 2026 (appears timely; Form 4s are generally due within 2 business days).
• Reported transaction type/code: "Other acquisition or disposition (J)" — acquisition via RSU vesting.
• Shares acquired: 119,178; Price per share reported: $0.00; Reported aggregate value: $0.
• Footnote F1: These were restricted stock units granted under the Issuer’s 2023 Omnibus Incentive Plan that vested on July 13, 2026.
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax withholding, or sale of shares reported in this Form 4.

Context

• This transaction reflects compensation (RSUs vesting) converting into ordinary shares, not a market purchase. Such vesting events are routine executive compensation and do not, by themselves, indicate a buy/sell signal.
• If tax withholding or share sell-to-cover occurred, it would normally be disclosed separately; none was shown in the provided filing excerpt.