GameSquare (GAME) CFO Michael Munoz Exercises Options, Receives RSUs

What Happened

• Michael Patrick Munoz, Chief Financial Officer of GameSquare Holdings (GAME), had a package of equity awards granted and settled on September 18, 2026. The filing shows a one-time grant of 26,156 stock options and 26,156 restricted stock units (RSUs) on the grant date, plus the vesting/settlement or exercise/conversion of previously granted RSUs/options. The reported transactions resulted in the acquisition/conversion of 36,244 shares (26,156 + 4,036 + 6,052) and related derivative activity; all transactions are reported with $0.00 as the exercise/issuance price in the filing.

Key Details

• Transaction date: September 18, 2026; Form 4 filed September 22, 2026 (appears filed within the standard Section 16 reporting window).
• Reported amounts: Grants — 26,156 options and 26,156 RSUs (one-time grants under the 2024 Stock Incentive Plan). Vesting/settlement/exercise/conversion entries total 36,244 shares acquired/converted (26,156; 4,036; 6,052).
• Prices/values: All award/grant/exercise lines reported at $0.00 in the filing; no cash amounts reported for the transactions.
• Shares owned after transaction: not specified in the summary data provided in this prompt (see the filing for exact post-transaction ownership).
• Notable footnotes: F2/F5 indicate RSUs granted and vesting/settling on the grant date; F4 notes the option grant vests in full on the grant date; F6 references RSUs from July 11, 2025 that vested; F1 notes prior balances were adjusted for a 1-for-8 reverse split effective Aug 24, 2026.

Context

• These entries reflect awards and exercises/settlements tied to compensation (grants and RSU vesting), which are routine for executives and do not necessarily signal a personal market view. The filing shows awards and conversions at $0.00, consistent with stock-based compensation vesting/settlement rather than a cash purchase. For a precise picture of Munoz’s resulting ownership stake and any subsequent open‑market sales, consult the full Form 4 filing (Accession 0001493152-26-043785).