GIL insider files Rule 144 to sell 15,000 vested shares valued at $822K

Rhea-AI Filing Summary

Form 144 filing by an insider of Gildan Activewear Inc. (GIL) reporting a proposed sale of 15,000 common shares with an aggregate market value of $822,482.00 to occur approximately on 08/26/2025 on the NYSE. The shares were acquired on 11/01/2023 through the vesting of LTIP awards from Gildan Activewear Inc. and required no cash payment.

The filer reports no securities sold in the past three months and makes the standard representation that they are not aware of undisclosed material adverse information about the issuer.

Positive

• Full disclosure of acquisition details: acquisition date and nature (LTIP vesting) are provided.
• No recent sales reported in the prior three months, indicating this is not part of a rapid sell-off.

Negative

• Insider intends to sell shares, which could be viewed negatively by some investors despite the small size.
• No trading plan date provided or indication that sale is under a Rule 10b5-1 plan in the filing.

Insights

Securities Analyst

TL;DR Routine insider notice of intent to sell a small block of vested shares; appears administratively neutral.

The filing documents a proposed sale of 15,000 shares valued at $822,482 against 149,314,370 outstanding shares, representing a de minimis ownership change. The securities were acquired via LTIP vesting, not open-market purchase, and no sales were reported in the prior three months. This is a standard Rule 144 disclosure that improves transparency but does not by itself indicate material corporate news.

Corporate Governance Expert

TL;DR Compliance-focused disclosure showing an insider exercising liquidity on vested compensation; no governance red flags disclosed.

The submission includes required details about acquisition date, nature (LTIP vesting), and planned sale date, and contains the attestation regarding absence of undisclosed material information. There is no indication of a trading plan date or prior related-party sales, and no material corporate governance concerns are evident from this single filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Solium Capital ULC Suite 1500 600 3rd Avenue SW Calgary A0 T2P 0G5	15000	822482.00	149314370	08/26/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/01/2023	Vesting in shares of LTIP awards	Gildan Activewear Inc.			15000	11/01/2023	No payment since acquired through vesting of shares.

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by Gildan Activewear Inc. (GIL) report?

The filing reports a proposed sale of 15,000 common shares valued at $822,482.00, to be sold on or about 08/26/2025 on the NYSE.

How were the shares acquired according to the filing?

The shares were acquired on 11/01/2023 through the vesting of LTIP awards, with no cash payment required.

Has the filer sold other Gildan (GIL) shares in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

How large is this sale relative to Gildan's outstanding shares?

The proposed sale of 15,000 shares is against 149,314,370 shares outstanding, representing a de minimis percentage of the company.

Does the filing state the filer is aware of any undisclosed material information?

By signing, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.