Afshin Luke Rahbari - Jul 9, 2024 Form 4 Insider Report for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)

Role: Chief Operating Officer
Signature: /s/ Afshin Luke Rahbari
Stock symbol: GTII
Transactions as of: Jul 9, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/26/2024, 05:00 PM
Previous filing: Jul 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTII	Common Stock, $0.001 par value	Award		+8M	+1333.33%		8.6M	Jul 9, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	On July 9, 2024, the Issuer issued 8,000,000 shares of its common stock to the Reporting Person pursuant to the terms of the employment agreement, dated as of July 2, 2024 (the "Agreement"), between the Reporting Person and the Issuer.