GMR Solutions CAO sells 23,687 shares at $12.20
GMR Solutions Inc. (GMRS) reported that Chief Accounting Officer Jessica Hall sold 23,687 shares of Class A Common Stock on September 14, 2026 at $12.20 per share.
Rhea-AI Filing Summary
GMR Solutions Inc. (GMRS) reported that Chief Accounting Officer Jessica Hall sold 23,687 shares of Class A Common Stock on September 14, 2026 at $12.20 per share. According to the company’s disclosure, these shares were sold to cover tax withholding obligations from settling restricted and performance-based stock units, and Hall now holds 62,566 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,687 shares
Net Sell
1 txn
Insider
Hall Jessica
Role
Chief Accounting Officer
Sold
23,687 shs ($289K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 23,687 | $12.20 | $289K |
Holdings After Transaction:
Class A Common Stock — 62,566 shares (Direct)
Footnotes (1)
- F1. As part of broader sell-to-cover transactions by Issuer employees, these shares were sold to cover tax withholding obligations in connection with the settlement of restricted stock units and performance-based restricted stock units.
Key Figures
Shares sold: 23,687 shares
Sale price per share: $12.20 per share
Shares held after transaction: 62,566 shares
3 metrics
Shares sold
23,687 shares
Class A Common Stock sold on September 14, 2026
Sale price per share
$12.20 per share
Price for the 23,687 shares sold on September 14, 2026
Shares held after transaction
62,566 shares
Direct Class A Common Stock holdings after the reported sale
Key Terms
sell-to-cover, restricted stock units, performance-based restricted stock units
3 terms
sell-to-cover financial
"As part of broader sell-to-cover transactions by Issuer employees"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
restricted stock units financial
"in connection with the settlement of restricted stock units"
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
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GMRS report for Chief Accounting Officer Jessica Hall?
Jessica Hall sold 23,687 shares of GMR Solutions Inc. Class A Common Stock on September 14, 2026 at $12.20 per share. The company states the sale was to cover tax withholding obligations from the settlement of restricted and performance-based stock units.
Was the GMRS insider sale by Jessica Hall part of a sell-to-cover tax transaction?
Yes. The footnote explains that the 23,687 shares were sold as part of broader sell-to-cover transactions by employees to satisfy tax withholding obligations related to settling restricted stock units and performance-based restricted stock units.
Did the GMRS Form 4 indicate a Rule 10b5-1 trading plan for this transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnote does not reference any Rule 10b5-1 or pre-arranged trading plan for this transaction.
What type of GMRS security was involved in Jessica Hall’s reported sale?
The transaction involved Class A Common Stock of GMR Solutions Inc. No derivative securities were reported in connection with this Form 4 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.