Captivision (CAPT) 10% Owner Gary R. Garrabrant Receives Award

What Happened

• Gary R. Garrabrant, a reported 10% owner of Captivision, received a grant of 22,906,887 restricted shares (transaction code A) on August 19, 2026. The shares were issued for no consideration (reported price $0.00) and vested in full on the grant date. This was an award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date and price: August 19, 2026 — 22,906,887 shares @ $0.00 (Acquired).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The shares were granted under the Issuer's 2023 Incentive Award Plan (as amended) and vested in full on the grant date; they were issued for no consideration.
• Filing timeliness: Report filed 2026-08-20 for a 2026-08-19 transaction — appears to be timely (Form 4s are generally due within two business days).

Context

• This transaction is an award (grant) that immediately vested and increases Garrabrant’s beneficial ownership; it is not a market purchase or sale and does not by itself signal buying/selling sentiment. As a 10% owner, Garrabrant is an affiliate of the company, so such grants can reflect compensation or ownership restructuring rather than routine trading. Retail investors should note the distinction between awards/vests and open-market purchases when interpreting insider activity.