Gambling.com Group Ltd·4

Apr 3, 10:03 AM ET

McCrystle Kevin Ross 4

Research Summary

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Gambling.com (GAMB) COO Kevin McCrystle Receives Net‑Settled RSUs

What Happened Kevin McCrystle, Chief Operating Officer of Gambling.com Group Ltd (GAMB), had 16,326 restricted stock units (RSUs) vest on April 1, 2026. The vesting was net‑settled: 9,233 ordinary shares were issued to him at $3.72 per share (total value reported $34,347), while the remainder of the vested units were withheld to satisfy tax/withholding obligations.

Key Details

  • Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely — within SEC two-business-day window).
  • Reported transactions (code M — exercise/conversion of derivative):
    • 16,326 RSUs converted (reported as disposed at $0.00) per the Form 4.
    • 9,233 ordinary shares acquired at $3.72 each for a total of $34,347.
  • Net withholding: 16,326 vested − 9,233 issued = 7,093 shares withheld for taxes/withholding per the footnote.
  • Footnote (F1): confirms a net settlement of 16,326 RSUs that resulted in issuance of 9,233 ordinary shares.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context This was an RSU vesting and net‑settlement (common for employee equity awards) rather than an open‑market buy or sale. Net settlements typically result in some shares withheld to cover taxes — they reflect compensation realization, not necessarily a signal of the insider’s view on the stock. As COO, this is executive insider activity (not a 10% owner transaction).