THOMPSON JANE J. 4
Research Summary
AI-generated summary
GPGI Director Jane J. Thompson Sells 13,667 Shares
What Happened
Jane J. Thompson, a director of GPGI, sold 13,667 shares in an open-market/private sale on March 17, 2026. The reported weighted-average sale price was $16.91 per share, for total proceeds of approximately $231,109. This was a sale (not a purchase) and is described in the filing as linked to tax obligations rather than a market-timing investment decision.
Key Details
- Transaction date: 2026-03-17 (reported on Form 4 filed 2026-03-18; filing appears timely).
- Price: weighted average $16.91; per-share sales ranged from $16.83 to $16.99 (multiple trades).
- Shares sold: 13,667; total proceeds ≈ $231,109.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 — sale was to cover personal income tax obligations related to vesting of equity awards and the Feb 28, 2025 spin-off of Resolute Holdings Management, Inc.; F2 — weighted-average price with range provided and offer to supply per-price breakdown on request.
- Transaction type: S (sale).
Context
The filing indicates the sale was to satisfy tax withholding tied to vested awards and a prior spin-off — a common administrative reason for insiders to sell shares. Such sales are routine and do not by themselves indicate the insider’s view on the company’s prospects.