Global Medical REIT Insider Sale — 130K Shares Disposed
Rhea-AI Filing Summary
Jamie Allen Barber, who serves as General Counsel and Secretary and is identified as a director, reported the sale of 130,000 shares of Global Medical REIT Inc. (GMRE) on 08/15/2025. The Form 4 shows the shares were sold at a weighted average price of $6.6236 (individual trade prices ranged from $6.50 to $6.74). Following the reported transactions the filing indicates 0 shares beneficially owned by the reporting person. The form was signed on 08/18/2025 and was filed by one reporting person.
Positive
- Form filed with required details: includes transaction date, share amount, price range, weighted average price, and signature
- Transparency on trade pricing: provides weighted average price and range ($6.50–$6.74) and offers to supply per-trade details upon request
Negative
- Complete disposition by an officer/director: sale of 130,000 shares reduced beneficial ownership to 0 shares
- Insider exit from equity could be viewed unfavorably by some investors given the reporting person’s officer/director status
Insights
TL;DR: Insider sold all reported holdings—130,000 shares—at a weighted average of $6.6236, reducing beneficial ownership to zero.
The sale of 130,000 shares by a named officer and director is a clear disclosure event for investors and compliance monitors. The Form 4 provides precise trade range ($6.50–$6.74) and the weighted average price, which enables assessment of gross proceeds from the disposition. Because the filing discloses post-transaction beneficial ownership of zero, this removes this individual from insider equity exposure until any future filings disclose acquisitions.
TL;DR: Filing is complete and timely; it documents an officer/director exit from equity ownership through multiple sales.
The Form 4 appears properly completed: it identifies the reporting person, relationship to the issuer, transaction date, aggregate shares sold, price range with weighted average, and a manual signature dated three days after the transaction. From a governance and disclosure standpoint, the document satisfies Section 16 reporting by showing the officer/director disposition and post-sale ownership of zero, but it does not provide any plan or reason for the sales within the filing itself.