GameSquare (GAME) CEO acquires 625,000 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GameSquare Holdings, Inc. reported that CEO and Director Justin Kenna received significant equity compensation on February 4, 2026. Under his employment agreement, he was granted 500,000 restricted stock units (RSUs) as a signing bonus, which vested immediately and were settled into 500,000 shares of common stock that day.
He was also granted an additional 500,000 RSUs under the 2024 Stock Incentive Plan. Of these, 125,000 RSUs vested on the grant date and were settled into 125,000 shares of common stock, while 375,000 RSUs remain unvested and outstanding. Following these transactions, Kenna beneficially owned 1,661,936 shares of common stock and 375,000 unvested RSUs, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
625,000 shares exercised/converted
Mixed
3 txns
Insider
Kenna Justin
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 500,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 125,000 | $0.00 | -- |
| Exercise | Common Stock | 625,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 1,661,936 shares (Direct)
Footnotes (1)
- On February 4, 2026, pursuant to the terms of the Reporting Person's Employment Agreement, the Reporting Person was granted 500,000 restricted stock units ("RSUs") as a signing bonus, which vested in full immediately upon grant and were settled into 500,000 shares of the Issuer's common stock on February 4, 2026. On February 4, 2026, pursuant to the terms of the Reporting Person's Employment Agreement, the Reporting Person was also granted 500,000 RSUs under the Issuer's 2024 Stock Incentive Plan. Of these, (i) 25% vested on the grant date, (ii) 37.5% vest on the one-year anniversary of the grant date, and (iii) 37.5% vest on the two-year anniversary of the grant date. On February 4, 2026, 125,000 RSUs vested and were settled into 125,000 shares of the Issuer's common stock. The remaining 375,000 RSUs remain outstanding and unvested following the reported transaction.
FAQ
What equity awards did GameSquare (GAME) CEO Justin Kenna receive?
Justin Kenna received 1,000,000 RSUs on February 4, 2026. This included 500,000 RSUs as a signing bonus and 500,000 RSUs under the 2024 Stock Incentive Plan, with portions vesting immediately into common stock and the remainder scheduled to vest later.
How many GameSquare (GAME) RSUs vested immediately for the CEO?
A total of 625,000 RSUs vested immediately for the CEO. This consisted of 500,000 signing-bonus RSUs that fully vested at grant and 125,000 RSUs from a 500,000-unit grant, all settling into an equal number of common shares on February 4, 2026.
What portion of the GameSquare (GAME) CEO’s RSUs remain unvested?
375,000 RSUs remain unvested for the CEO. They are part of a 500,000-unit grant under the 2024 Stock Incentive Plan, scheduled to vest 37.5% on the one-year anniversary and 37.5% on the two-year anniversary of the February 4, 2026 grant date.
What roles does Justin Kenna hold at GameSquare (GAME)?
Justin Kenna serves as both CEO and Director of GameSquare. The Form 4 identifies him as an officer with the title “CEO and Director” and as a director, reflecting his dual leadership and governance roles at the company.