STOCK TITAN

GMR Solutions COO sells 262,278 shares at $12.20

GMR Solutions’ President & COO reported tax-related sell-to-cover transactions of Class A Common Stock tied to RSU and performance-based RSU settlements.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GMR Solutions Inc. (GMRS) reported insider transactions by President & COO Edward Van Horne involving Class A Common Stock on September 14, 2026. Van Horne sold 262,278 shares at $12.20 per share as part of broader employee sell-to-cover activity to satisfy tax withholding obligations arising from the settlement of restricted stock units and performance-based restricted stock units. In a separate related transaction, 1 share was withheld at $13.26 per share to cover tax withholding from restricted stock unit settlement.

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Negative

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Insights

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Insider Van Horne Edward
Role President & COO
Sold 262,278 shs ($3.20M)
Type Security Shares Price Value
Sale Class A Common Stock F1 262,278 $12.20 $3.20M
Tax Withholding Class A Common Stock F2 1 $13.26 $13.26
Holdings After Transaction: Class A Common Stock — 575,003 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 a share withheld to cover tax withholding obligations in connection with the settlement of restricted stock units.
Shares sold 262,278 shares Sale of GMRS Class A Common Stock on September 14, 2026
Sale price per share $12.20 per share Open-market or private sale of 262,278 shares
Shares withheld for tax 1 share Share withheld to cover tax from RSU settlement on September 14, 2026
Withholding price per share $13.26 per share Single share withheld to satisfy tax withholding obligations
Net shares sold 262,278 shares Net sell direction across reported transactions
sell-to-cover transactions financial
"As part of broader sell-to-cover transactions by Issuer employees"
tax withholding obligations financial
"shares were sold to cover tax withholding obligations in connection"
restricted stock units financial
"in connection with the settlement of restricted stock units and"
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"
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 transactions did GMRS report for Edward Van Horne on September 14, 2026?

Edward Van Horne reported a sale of 262,278 Class A Common shares at $12.20 per share and a withholding of 1 share at $13.26 per share, both connected to equity award settlements and related tax withholding obligations.

Why did the GMRS President & COO sell 262,278 shares of Class A Common Stock?

The 262,278-share sale at $12.20 per share was described as part of broader employee sell-to-cover transactions, where shares were sold to cover tax withholding obligations from the settlement of restricted stock units and performance-based restricted stock units.

How many GMRS shares were withheld for tax withholding in the Form 4?

The Form 4 shows 1 share of GMRS Class A Common Stock withheld at $13.26 per share to cover tax withholding obligations associated with the settlement of restricted stock units.

Were the GMRS Form 4 transactions under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (false), and the footnotes describe the activity as sell-to-cover transactions for tax withholding obligations, rather than specifically under a Rule 10b5-1 trading plan.

What equity awards triggered the sell-to-cover transactions reported for GMRS?

The filing states that the sell-to-cover transactions were connected to the settlement of restricted stock units and performance-based restricted stock units, which generated tax withholding obligations satisfied through share sales and withholding.

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*
Van Horne Edward

(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)
President & COO
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)262,278D$12.2575,004D
Class A Common Stock09/14/2026F(2)1D$13.26575,003D
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 a share 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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