Gorilla Technology has commenced insider ownership reporting under Section 16 of the Securities Exchange Act, requiring directors and senior management to disclose transactions and holdings in line with public company standards. Additional filings are expected shortly due to prior delays accessing the SEC’s EDGAR system.

The company’s Section 16 filing group holds approximately 10.8% of the current diluted share base, down from 13.8% before its July 2025 equity financing, reflecting dilution from growth capital raised for strategic expansion. CEO Jay Chandan and other insiders have not sold shares for conviction reasons, with reported sales being tax-driven.

Gorilla has implemented measures to enhance governance, internal controls, disclosure practices and accelerate financial reporting cadence, marking its evolution as a disciplined public company. It also reaffirmed evaluating its authorised share repurchase capacity in 2026 to balance capital returns with growth investments.

The company reported new wins and extensions in capital markets infrastructure, smart city solutions and GPU-based AI deployments, converting pipeline into revenue and improving customer collections. Gorilla is expanding across India, Singapore, Malaysia, Thailand, Indonesia and entering Taiwan’s data centre market to capitalize on AI infrastructure demand.