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GMR Solutions EVP sells 92,680 shares at $12.20

GMR Solutions’ EVP & CHRO disposed of shares primarily to satisfy tax obligations arising from equity award settlements.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GMR Solutions Inc. (GMRS) executive vice president and chief human resources officer Jacoba Lisa reported transactions in Class A Common Stock on September 14, 2026. She sold 92,680 shares at $12.20 per share as part of broader sell-to-cover activity for tax withholding tied to restricted stock unit and performance-based restricted stock unit settlements, and had an additional 23 shares withheld at $13.26 per share to cover related tax obligations. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Jacoba Lisa
Role EVP & CHRO
Sold 92,680 shs ($1.13M)
Type Security Shares Price Value
Sale Class A Common Stock F1 92,680 $12.20 $1.13M
Tax Withholding Class A Common Stock F2 23 $13.26 $304.98
Holdings After Transaction: Class A Common Stock — 198,580 shares (Direct)
Footnotes (2)
  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.
  2. F2. Represents shares withheld to cover tax withholding obligations in connection with the settlement of restricted stock units.
Shares sold 92,680 shares Class A Common Stock sale on September 14, 2026 to cover tax withholding
Sale price per share $12.20 per share Price for 92,680 Class A Common shares sold on September 14, 2026
Shares withheld for tax 23 shares Shares withheld to cover tax on restricted stock unit settlement
Withholding reference price $13.26 per share Value used for 23 withheld shares related to tax obligations
Transactions for tax obligations 2 transactions One sell-to-cover sale and one share withholding for tax on equity awards
sell-to-cover financial
"As part of broader sell-to-cover transactions by Issuer employees, these shares"
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
"tax withholding obligations 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
"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.
tax withholding obligations financial
"sold to cover tax withholding obligations in connection with the settlement"

FAQ

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

What insider transactions did GMRS EVP & CHRO Jacoba Lisa report on September 14, 2026?

She reported a sale of 92,680 Class A Common shares at $12.20 per share and a separate withholding of 23 shares at $13.26 per share, both on September 14, 2026, in connection with equity award tax obligations.

Were Jacoba Lisa’s GMRS share sales on September 14, 2026 part of a sell-to-cover for taxes?

Yes. A footnote states the 92,680 shares were sold as part of broader sell-to-cover transactions by employees to cover tax withholding obligations related to restricted stock unit and performance-based restricted stock unit settlements.

What does the 23-share Form 4 transaction for GMRS on September 14, 2026 represent?

The 23 shares were withheld at a value of $13.26 per share to cover tax withholding obligations in connection with the settlement of restricted stock units, rather than being sold in the market.

Was a Rule 10b5-1 trading plan involved in Jacoba Lisa’s GMRS transactions?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the disclosure does not state that the September 14, 2026 transactions were made under a Rule 10b5-1 trading plan.

Do the September 14, 2026 GMRS Form 4 transactions disclose Jacoba Lisa’s remaining holdings?

No. The non-derivative transaction rows list no share balance following the transactions, so the filing does not state Jacoba Lisa’s remaining Class A Common Stock holdings after these events.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jacoba Lisa

(Last)(First)(Middle)
C/O GMR SOLUTIONS INC., 4400 HWY
121, SUITE 700

(Street)
LEWISVILLE TEXAS 75056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GMR Solutions Inc. [ GMRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock09/14/2026S(1)92,680D$12.2198,603D
Class A Common Stock09/14/2026F(2)23D$13.26198,580D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Represents shares withheld to cover tax withholding obligations in connection with the settlement of restricted stock units.
/s/ Thomas Cook, Attorney-in-Fact09/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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