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GMR Solutions officer plans $3.34M stock sale

GMR Solutions Inc. (GMRS) received a Rule 144 notice that officer Thomas A. A. Cook plans to sell up to 251,882 shares of Class A Common Stock through Goldman Sachs & Co. LLC on the NYSE on September 14, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GMR Solutions Inc. (GMRS) received a Rule 144 notice that officer Thomas A. A. Cook plans to sell up to 251,882 shares of Class A Common Stock through Goldman Sachs & Co. LLC on the NYSE on September 14, 2026. The shares are to be sold after being acquired upon settlement of restricted stock units and performance-based restricted stock units granted on July 26, 2024. The notice lists an aggregate market value of $3,339,955.32 for the proposed sale and shows 54,021,711 shares outstanding; this is a baseline figure, not the amount being sold.

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Shares proposed to be sold 251,882 shares Class A Common Stock under Rule 144 for Thomas A. A. Cook
Aggregate market value of proposed sale $3,339,955.32 Value listed for 251,882 GMRS shares in the Rule 144 notice
Shares outstanding 54,021,711 shares GMRS Class A Common Stock outstanding as listed in the notice
Proposed sale date September 14, 2026 Date of proposed NYSE sale of GMRS shares
Grant date of equity awards July 26, 2024 RSUs and performance-based RSUs to be settled before sale
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Acquired upon settlement of restricted stock units and performance-based"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"settlement of restricted stock units and performance-based restricted"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for GMRS?

It discloses that officer Thomas A. A. Cook plans to sell up to 251,882 shares of GMR Solutions Inc. Class A Common Stock under Rule 144, using Goldman Sachs & Co. LLC as broker, with a proposed sale date of September 14, 2026 on the NYSE.

How many GMRS shares are proposed to be sold and what is their value?

The notice covers up to 251,882 shares of GMR Solutions Inc. Class A Common Stock with an aggregate market value of $3,339,955.32, as stated in the Rule 144 filing.

When were the GMRS shares in this Form 144 acquired?

The shares are to be acquired upon settlement of restricted stock units and performance-based restricted stock units that were granted on July 26, 2024, according to the Form 144 disclosure.

Who is selling GMRS shares under this Rule 144 notice?

The Form 144 identifies Thomas A. A. Cook, an officer of GMR Solutions Inc., as the person for whose account the 251,882 shares of Class A Common Stock are to be sold.

What does the Form 144 say about GMRS shares outstanding?

The Rule 144 notice lists 54,021,711 shares outstanding of GMR Solutions Inc. Class A Common Stock. This figure provides context on the company’s equity base and is not the number of shares being sold.

Which broker and exchange are involved in the planned GMRS share sale?

The proposed sale of 251,882 GMRS shares is through Goldman Sachs & Co. LLC, with the shares listed for trading on the NYSE, as stated in the Form 144 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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