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.
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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Insights
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Insider Trade Summary
| 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 |
Footnotes (2)
- 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.
- F2. Represents a share withheld to cover tax withholding obligations in connection with the settlement of restricted stock units.
Key Figures
Key Terms
sell-to-cover transactions financial
tax withholding obligations financial
restricted stock units financial
performance-based restricted stock units financial
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?
Were the GMRS Form 4 transactions under a Rule 10b5-1 trading plan?
What equity awards triggered the sell-to-cover transactions reported for GMRS?
AI-generated analysis. How Rhea-AI works. Not financial advice.