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GIL insider Form 144 files sale of 15,000 vested shares on NYSE

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Gildan Activewear Inc. (GIL) Form 144 notice reports a proposed sale of 15,000 common shares by a holder who acquired the shares on 11/01/2023 through vesting of LTIP awards. The securities have an aggregate market value of $823,773.00 based on the filing and the filer names the NYSE as the exchange for an approximate sale date of 08/28/2025. The filing includes a prior sale of 15,000 shares on 08/26/2025 for gross proceeds of $822,482.00. The seller certifies no undisclosed material information.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider sale disclosure of vested LTIP shares; transaction size appears modest relative to total outstanding shares.

The filing shows a planned sale of 15,000 common shares acquired via LTIP vesting on 11/01/2023 with an aggregate market value reported as $823,773.00 and an approximate sale date of 08/28/2025. The filing also records a recent sale of 15,000 shares on 08/26/2025 for $822,482.00. This is a standard Rule 144 notice used to comply with resale requirements for restricted or control securities and does not itself indicate operational changes at the issuer.

TL;DR: Disclosure meets Rule 144 requirements; signer affirms no undisclosed material information.

The document identifies the method of acquisition as LTIP vesting and states no cash payment was made at acquisition. The seller's representation that there is no undisclosed material adverse information is present. From a compliance perspective, the form contains the key elements expected for a Form 144: acquisition date, nature of acquisition, number of shares, aggregate value, and planned sale timing. No additional compliance red flags are evident from the filing text provided.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for Gildan Activewear Inc. (GIL) disclose?

The form discloses a proposed sale of 15,000 common shares acquired via LTIP vesting on 11/01/2023 with an aggregate market value of $823,773.00 and an approximate sale date of 08/28/2025.

Who acquired the shares being sold under the Form 144?

The shares were acquired through vesting of LTIP awards from Gildan Activewear Inc. on 11/01/2023; the filing names the original grantor as the issuer.

Has any sale already occurred in the past three months according to the filing?

Yes. The filing records a sale of 15,000 common shares on 08/26/2025 for gross proceeds of $822,482.00.

Was payment made for the acquired shares?

No cash payment was made at acquisition; the filing states the shares were obtained through vesting and notes "No payment since acquired through vesting of shares."

On which exchange does the filer intend to sell the shares?

The filer lists the NYSE as the securities exchange for the approximate sale date of 08/28/2025.
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