Hilty Justin C. 4

What Happened
Justin C. Hilty, Chief Financial Officer of GrabAGun Digital Holdings Inc. (PEW), had restricted stock units (RSUs) vest and convert into 8,333 shares on July 15, 2026. The filing also reports a disposal/transfer of 8,333 derivative shares on July 15 (reported at $0.00) and an open-market sale of 2,044 shares on July 16, 2026 at $2.57 per share, generating $5,253. The July 16 sale was made pursuant to a Rule 10b5-1 plan to cover tax withholding and is not a discretionary trade.

Key Details

• Primary dates: RSU conversion/settlement on 2026-07-15; open-market sale on 2026-07-16.
• Sale price/amount: 2,044 shares sold at $2.57 = $5,253.
• Reported derivative activity: two M-code entries on 2026-07-15 for 8,333 shares (one "acquired" on conversion; one "disposed" at $0.00).
• Footnotes: F1 = each RSU converts to one share; F2 = 2,044-share sell-to-cover under a 10b5-1 plan to satisfy tax withholding; F3 = some shares previously transferred to a family limited partnership in transactions exempt under Rule 16a-13; F4 = RSUs stem from a 100,000-unit grant (vests in 12 quarterly increments beginning July 15, 2025).
• Shares owned after the transactions: not specified in the provided extract.
• Filing timeliness: Reported period 2026-07-15; filing dated 2026-07-17 — appears timely.

Context

• The M transaction codes here reflect the conversion/settlement of RSUs into common stock on vesting. The reported $0.00 disposal likely reflects a non‑cash transfer (e.g., to a family limited partnership) rather than a market sale.
• The small open-market sale ($5,253) was a routine sell-to-cover of taxes executed under a pre-set 10b5-1 plan and does not necessarily reflect a change in insider sentiment.
• For retail investors: purchases are generally a stronger signal than routine vesting and tax-related sales. This filing mainly documents routine RSU vesting and associated tax-cover activity.