GameSquare (GAME) Director Jeremi Gorman Receives 150,000 RSUs

What Happened Jeremi Gorman, a director of GameSquare Holdings, Inc. (GAME), was granted 150,000 restricted stock units (RSUs) under the company’s 2024 Stock Incentive Plan on July 10, 2026. The RSUs vested and settled on the grant date; each RSU represents a contingent right to one share of common stock. The Form 4 shows an acquisition (award/settlement) of 150,000 RSUs at $0.00 and a contemporaneous exercise/conversion and disposition of 150,000 derivative units. The reported dollar amounts for the award and the disposition are $0.00 on the filing.

Key Details

• Transaction date: July 10, 2026; Form 4 filed July 14, 2026 (filed within the typical two-business-day window for Form 4s).
• Grant/Award: 150,000 RSUs granted and vested/settled on the Grant Date (reported $0.00).
• Exercise/Conversion & Disposition: 150,000 shares reported as converted/exercised and disposed (reported $0.00).
• Footnotes: F1–F3 state these were RSUs, each convertible to one share, granted under the 2024 Stock Incentive Plan and vested/settled on July 10, 2026.
• Shares owned after transaction: not disclosed in the provided filing details.

Context RSUs are a form of equity award (not an open-market purchase) that convert into shares when they vest; here the RSUs vested and were settled on the grant date. The filing shows both the award/settlement and a simultaneous conversion/disposition of the same number of units; the Form 4 does not report cash proceeds or specify the reason for the disposition (e.g., sale or tax withholding). This type of transaction is an award/settlement event rather than a straightforward buy or sell signal.