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 on March 17, 2026. The weighted-average price was $16.91, for total proceeds of approximately $231,109. The filing reports this as a sale (transaction code S) and indicates the sale was to cover personal income tax obligations related to the vesting of equity awards and a prior spin-off.
Key Details
- Transaction date: 2026-03-17; weighted-average price: $16.91; total reported proceeds: $231,109.
- Shares were sold in multiple transactions at prices ranging from $16.83 to $16.99 (reporting person will provide per-price breakdown on request).
- Purpose per filing: to cover personal income tax obligations tied to vesting and the February 28, 2025 spin-off of Resolute Holdings Management, Inc.
- Shares owned after the transaction: not disclosed in the provided Form 4 excerpt.
- Filing date: 2026-03-18 (appears timely based on the transaction date).
Context
- This was a sale (commonly routine), and the filing states the sale was to meet tax obligations from equity vesting—an ordinary administrative reason rather than an explicit signal about company prospects. The weighted-average price reflects multiple trades executed within a small price range.