GMR Solutions officer plans sale of 23,687 shares
GMR Solutions Inc. (GMRS) has an officer, Jessica Hall, who filed a notice under Rule 144 to permit the sale of up to 23,687 shares of Class A common stock through Goldman Sachs & Co. LLC.
Rhea-AI Filing Summary
GMR Solutions Inc. (GMRS) has an officer, Jessica Hall, who filed a notice under Rule 144 to permit the sale of up to 23,687 shares of Class A common stock through Goldman Sachs & Co. LLC. The shares are scheduled for potential sale on September 14, 2026 and were acquired upon settlement of restricted stock units and performance-based restricted stock units granted on July 26, 2024.
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Key Figures
Shares to be sold: 23,687 shares
Aggregate market value: 314,089.62
Shares outstanding: 54,021,711 shares
+2 more
5 metrics
Shares to be sold
23,687 shares
Maximum Class A common shares covered by the Rule 144 notice
Aggregate market value
314,089.62
Aggregate market value reported for the 23,687 shares
Shares outstanding
54,021,711 shares
Class A common shares outstanding listed in the securities information section
Planned sale date
September 14, 2026
Date of proposed sale for the shares to be sold under Rule 144
Grant date of equity awards
July 26, 2024
Date RSUs and performance-based RSUs were granted that later settled into the shares
Key Terms
Rule 144, restricted stock units, performance-based restricted stock units, Attorney-in-Fact
4 terms
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 stock units"
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 GMRS?
The filing states that Jessica Hall, an officer of GMR Solutions Inc. (GMRS), has filed a Rule 144 notice covering the potential sale of 23,687 shares of Class A common stock through Goldman Sachs & Co. LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.