Locafy Ltd: CEO Gavin Burnett received 12,006 shares

What happened The Form 4 filed Oct 5, 2026 reports that Gavin Burnett, CEO, received two grants on Sep 24, 2026: 7,126 ordinary shares at $2.43 per share (reported value $17,316) and 4,880 ordinary shares at $2.43 per share (reported value $11,858), for a total of 12,006 shares valued at $29,174.

Key details

• Transaction date and price: Sep 24, 2026 — 7,126 shares at $2.43; Sep 24, 2026 — 4,880 shares at $2.43.
• Shares owned after the transaction: not specified in the provided filing.
• Relevant footnotes: F1 — shares issued in settlement of accrued and unpaid employment compensation at a deemed issue price of $2.43 per share, approved by the issuer's board of directors; F2 — shares held of record by Gavin Geoffery Burnett and Justine Anne Burnett as trustees for the Burnett Family Trust; F3 — shares held of record by Gavin Geoffery Burnett and Justine Anne Burnett as trustees for The Big Superannuation Fund.
• Filing date and timeliness: filed Oct 5, 2026; the filing does not indicate whether it was late.

Why it may matter The filing shows these were shares issued in lieu of cash compensation (per footnote F1), so this was an issuance to the insider rather than an open-market purchase or sale. Some shares are held of record by the reporting person and spouse as trustees for two named trusts (F2, F3). A filing does not show why the insider traded or why the company acted.