ELLIS THOMAS B 4

What Happened
Thomas B. Ellis, a 10% owner of Creative Realities, Inc. (CREX), was granted 2,117 shares on 2026-01-28 as an award/compensation (transaction code A). The filing reports the acquisition price as $0.00 (total reported value $0); the shares were issued for director services provided in 2025 under the issuer’s Non‑employee Director Compensation Plan pursuant to the 2023 Stock Incentive Plan (as amended).

Key Details

• Transaction date: 2026-01-28; Form 4 filed: 2026-03-03 (appears to be filed late).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,117; price reported: $0.00; total reported value: $0.
• Footnote: Issued for 2025 director services under the Non‑employee Director Compensation Plan / 2023 Stock Incentive Plan (as amended).
• Shares owned after transaction: Not specified in the provided filing.

Context
This was a compensation grant, not an open‑market purchase or sale, so it’s routine director compensation rather than a direct market sentiment signal. Ellis is listed as a 10% owner, which denotes a significant shareholder stake — that status differs from routine executive buying/selling. Because the Form 4 was filed more than the typical 2‑business‑day window after the transaction date, the filing appears late, which may be a reporting timeliness issue but does not change the reported transaction itself.