Gorilla Technology (GRRR) Director Keith Levy Receives RSUs

What Happened
Keith Levy, a director of Gorilla Technology Group Inc. (GRRR), acquired 10,964 shares on July 13, 2026 when restricted stock units (RSUs) vested under the company's 2023 Omnibus Incentive Plan. The Form 4 reports the transaction as an "other acquisition" (code J) at $0.00 per share (total reported cash value $0), which reflects conversion of RSUs to common shares rather than a cash purchase.

Key Details

• Transaction date: July 13, 2026; Form 4 filed July 15, 2026 (appears timely, within the typical 2-business-day reporting window).
• Transaction type/code: Other acquisition (J) — RSUs vested and converted to shares.
• Shares acquired: 10,964 shares. Reported price: $0.00 per share; reported cash value: $0.
• Shares owned after transaction: Not specified in the information provided.
• Footnote: RSUs granted under the Issuer's 2023 Omnibus Incentive Plan vested on July 13, 2026 (Footnote F1).
• No indication of a 10b5-1 plan, sale, or cashless exercise in this filing.

Context
RSU vesting is a form of compensation and typically reflects scheduled grants becoming payable — it is not the same as an open-market purchase or sale. Such awards are common for executives and directors and do not, by themselves, indicate a buy/sell signal about the company's stock. The $0 reporting here reflects the conversion event (award vesting), not that the shares have no market value.