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Insider to sell 10,000 Gildan Activewear (NYSE: GIL) shares

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

Rhea-AI Filing Summary

Gildan Activewear Inc. reported a proposed insider sale via a Form 144 notice for 10,000 common shares. The shares were acquired upon vesting of LTIP awards on 11/01/2023 and were not purchased for cash. The filing lists an aggregate market value of $615,000 and shows 185,180,953 shares outstanding as of 05/06/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine affiliate sale notice for vested LTIP shares; not necessarily a discretionary market sale.

Form 144 is a regulatory notice that an affiliate proposes to sell 10,000 shares acquired on 11/01/2023 through LTIP vesting. The filing records an aggregate value of $615,000 and provides a public outstanding share count of 185,180,953 as of 05/06/2026.

Whether shares are actually sold, timing, and method are not stated in the excerpt; subsequent filings or trade reports would show execution details.

Shares proposed for sale 10,000 shares Form 144 notice
Aggregate market value $615,000 Listed alongside 10,000 shares
Shares outstanding 185,180,953 shares as of 05/06/2026
Acquisition date 11/01/2023 Vesting date for LTIP awards
Form 144 regulatory
"Filed notice of proposed sale of securities by an affiliate"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
LTIP financial
"Vesting in shares of LTIP awards(1)"
LTIP stands for Long-Term Incentive Plan, a company program that pays executives and key employees with stock, cash, or other rewards tied to multi-year performance targets and continued service. It matters to investors because it aligns management’s pay with the company’s long-term success—like paying a gardener in future harvest to ensure the orchard thrives—while also affecting share count and reported expenses, which can influence future returns.
vesting financial
"Vesting in shares of LTIP awards on 11/01/2023"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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 GIL mean?

It notifies the SEC of a proposed sale by an affiliate of 10,000 shares. The notice discloses acquisition method and values but does not confirm the sale was executed.

How were the 10,000 Gildan shares acquired?

The shares were acquired through vesting of LTIP awards on 11/01/2023. The filing states no payment was made because they were vested awards.

What is the aggregate value reported for the shares?

The Form 144 lists an aggregate market value of $615,000 tied to the 10,000 shares shown in the notice.

How many Gildan shares are outstanding per the filing?

The filing shows 185,180,953 shares outstanding as of 05/06/2026, which is presented alongside the proposed sale information.

Does this filing confirm the shares were sold?

No. Form 144 is a proposed-sale notice and does not confirm execution; actual sale details would appear in trade reports or a subsequent filing.