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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many GMRS shares may be sold under this Form 144?

The notice covers up to 23,687 shares of GMR Solutions Inc. Class A common stock. This represents the maximum amount indicated for potential sale under this specific Rule 144 filing.

When are the GMRS shares scheduled for potential sale?

The Class A common stock covered by the notice is scheduled for potential sale on September 14, 2026, as indicated in the Rule 144 securities information and securities-to-be-sold sections.

How did the reporting person acquire the GMRS shares being sold?

The shares were acquired upon settlement of restricted stock units and performance-based restricted stock units that were granted on July 26, 2024, as described in the nature-of-acquisition disclosure.

Which broker is handling the potential GMRS share sale under Rule 144?

The Rule 144 notice lists Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, as the broker for the potential sale of the 23,687 Class A common shares.

What aggregate market value is listed for the GMRS shares in this Form 144?

The securities information section reports an aggregate market value of 314,089.62 for the 23,687 Class A common shares covered by this Rule 144 notice.

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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