Gambling.com Group Ltd·4

Apr 24, 3:36 PM ET

Monaghan Ellen 4

Research Summary

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Gambling.com (GAMB) SVP Ellen Monaghan Receives RSU Grant, Vests Shares

What Happened
Ellen Monaghan, SVP People at Gambling.com Group Ltd (GAMB), had restricted stock units (RSUs) vest on April 1, 2026 and received shares via net settlement. Specifically, 2,459 RSUs vested and were net-settled (tax withholding) resulting in the issuance of 1,175 ordinary shares at an effective $3.72 per share (total value reported $4,371). On the same date she was also granted 38,985 RSUs.

Key Details

  • Transaction date: April 1, 2026. Filing date: April 24, 2026 (filed 23 days after the transaction; appears past the standard two-business-day Form 4 deadline).
  • Transactions reported:
    • A (Grant/Award): 38,985 RSUs granted (vesting note below).
    • M (Exercise/Conversion): 2,459 RSUs converted/withheld (disposed) as part of net settlement.
    • M (Exercise/Conversion, Acquired): 1,175 ordinary shares issued at $3.72 each — total $4,371.
  • Vesting schedule (footnote): 25% of the granted RSUs vest on each of the first four anniversaries of the grant date, beginning April 1, 2026.
  • Net settlement/tax withholding: Reporting person utilized net settlement on the 2,459 vested RSUs, which resulted in 1,175 shares issued (the remainder withheld to cover taxes).
  • Shares owned after the transaction: not disclosed in the provided filing.

Context
This activity is routine for RSU vesting and tax withholding: RSUs vested and were partially withheld to satisfy tax obligations, producing a small net share issuance. The larger item is the new RSU grant (38,985 RSUs) subject to multi-year vesting; grants are compensation, not open-market purchases or sales. The filing date is later than the usual two-business-day window for Form 4s, which investors may note for timeliness but does not change the nature of the reported transactions.