Director Timothy Wicks receives 12,334 RSUs at GMR Solutions Inc. (GMRS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wicks Timothy A reported acquisition or exercise transactions in this Form 4 filing.
GMR Solutions Inc. director Timothy A. Wicks received a grant of 12,334 restricted stock units on May 13, 2026. Each RSU represents a right to receive one share of Class A common stock, or cash, or a combination, at the company’s discretion.
The RSUs vest on the earlier of May 12, 2027 or the first regularly scheduled annual stockholder meeting following the grant date. After this grant, Wicks holds 12,334 RSUs linked to Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wicks Timothy A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,334 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,334 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer Class A common stock ("Class A Common Stock"). The RSUs will be settled in either Class A Common Stock or cash (or a combination thereof) at the Issuer's discretion. These RSUs vest on the earlier of (i) May 12, 2027 and (ii) the first regularly scheduled annual meeting of the stockholders of the Issuer following the date of grant.
Key Figures
RSUs granted: 12,334 units
Underlying shares: 12,334 shares
Vesting date: May 12, 2027
+1 more
4 metrics
RSUs granted
12,334 units
Restricted stock units awarded to director on May 13, 2026
Underlying shares
12,334 shares
Each RSU represents one share of Class A common stock
Vesting date
May 12, 2027
Vests earlier of this date or first annual meeting after grant
Post-grant RSU holdings
12,334 units
Total restricted stock units held after transaction
Key Terms
Restricted Stock Units, Class A Common Stock, vest, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Class A Common Stock financial
"one share of Issuer Class A common stock ("Class A Common Stock")"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"These RSUs vest on the earlier of (i) May 12, 2027 and (ii) the first regularly scheduled annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What insider transaction did GMRS report for Timothy A. Wicks?
GMR Solutions Inc. reported that director Timothy A. Wicks received 12,334 restricted stock units. Each RSU is tied to one share of Class A common stock or cash, granted as compensation rather than a market purchase.
How many restricted stock units were granted to the GMRS director?
Timothy A. Wicks was granted 12,334 restricted stock units. These units give him a contingent right to receive an equivalent number of Class A common shares, or cash, upon settlement according to the company’s equity award terms.
When do Timothy A. Wicks’s GMRS RSUs vest?
The RSUs vest on the earlier of May 12, 2027 or the first regularly scheduled annual meeting of GMR Solutions’ stockholders after the grant. Vesting determines when Wicks actually earns the underlying shares or cash value.
How will the GMRS RSUs granted to Timothy A. Wicks be settled?
Each RSU will be settled in either Class A common stock, cash, or a combination, at GMR Solutions Inc.’s discretion. This flexibility allows the company to choose between issuing shares, paying cash, or mixing both at settlement.
What is Timothy A. Wicks’s GMRS equity position after this RSU grant?
Following the reported transaction, Timothy A. Wicks holds 12,334 restricted stock units. These RSUs are linked to Class A common stock and represent a potential future equity or cash benefit once they vest and are settled by the company.