STOCK TITAN

GMR Solutions officer plans $3.52M stock sale

Officer Brian Scott Tierney has filed a Rule 144 notice to resell 265,794 GMRS Class A shares through Goldman Sachs & Co. LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GMR Solutions Inc. (GMRS) is the issuer for a planned resale of Class A Common Stock by officer Brian Scott Tierney under Rule 144. A broker, Goldman Sachs & Co. LLC, is listed for the transaction, which covers 265,794 shares of Class A Common Stock to be sold on or about September 14, 2026 on the NYSE. The filing lists an approximate aggregate market value of $3,524,428.44 for these shares and states that 54,021,711 shares of Class A Common Stock are outstanding. The securities to be sold were acquired upon settlement of restricted stock units and performance-based restricted stock units granted on July 26, 2024. The notice is signed by Thomas Cook as Attorney-in-Fact.

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Shares to be sold 265,794 shares Class A Common Stock covered by the Rule 144 notice for planned sale
Approximate aggregate market value $3,524,428.44 Value of 265,794 GMRS Class A shares referenced in the planned sale
Shares outstanding 54,021,711 shares GMR Solutions Inc. Class A Common Stock outstanding
Proposed sale date September 14, 2026 Date listed for the planned NYSE sale of shares
Grant date of equity awards July 26, 2024 Date RSUs and performance-based RSUs were granted, later settled into shares
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.
Attorney-in-Fact regulatory
"Signature | /s/ Thomas Cook, Attorney-in-Fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

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

What does the Form 144 filing disclose for GMR Solutions Inc. (GMRS)?

It discloses that officer Brian Scott Tierney intends to resell 265,794 shares of GMR Solutions Inc. Class A Common Stock under Rule 144, with Goldman Sachs & Co. LLC as broker and an approximate aggregate market value of $3,524,428.44.

How many GMRS shares are planned to be sold and when?

The notice covers 265,794 shares of GMR Solutions Inc. Class A Common Stock, with a proposed sale date of September 14, 2026. The shares are expected to be sold on the NYSE through Goldman Sachs & Co. LLC.

What is the approximate market value of the GMRS shares in this Form 144?

The filing lists an approximate aggregate market value of $3,524,428.44 for the 265,794 shares of GMR Solutions Inc. Class A Common Stock covered by the planned Rule 144 sale.

How many GMRS Class A shares are outstanding according to this notice?

The Form 144 states that there are 54,021,711 shares of GMR Solutions Inc. Class A Common Stock outstanding as the baseline share count for the issuer’s equity.

How were the GMRS shares being sold under this Form 144 acquired?

The shares to be sold were acquired upon settlement of restricted stock units and performance-based restricted stock units that were granted on July 26, 2024 by GMR Solutions Inc. to officer Brian Scott Tierney.

Who signed the GMRS Form 144 and in what capacity?

The notice is signed “/s/ Thomas Cook, Attorney-in-Fact”, indicating that Thomas Cook signed the Form 144 on behalf of Brian Scott Tierney pursuant to a power of attorney.

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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