COOK THOMAS A A 4
4 · GMR Solutions Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
GMR Solutions (GMRS) EVP Thomas Cook Receives Equity Awards
What Happened
- Thomas A. A. Cook, EVP, General Counsel & Secretary of GMR Solutions (GMRS), received a total of 492,770 equity awards across grants reported May 12–13, 2026. The filing shows: 248,342 shares (grant, $0 reported), 169,428 derivative awards (grant, $0), and 75,000 derivative awards (grant, $0). These are compensation awards (not open-market purchases or sales).
Key Details
- Transaction dates: May 12, 2026 (two grants) and May 13, 2026 (one grant); all reported on Form 4 filed May 15, 2026.
- Reported consideration: $0 — these are grants/awards, not purchases or sales.
- Total awards: 492,770 equity instruments.
- Footnote highlights from the Form 4:
- Some awards are performance-based RSUs that vest upon the IPO closing and settle in Class A common stock six months after IPO (F1).
- The filing also includes time-based RSUs that vest upon IPO closing and settle six months after IPO (F2), and RSUs that may vest in three equal annual installments beginning May 12, 2027 (F5).
- Some awards are stock options that vest in three equal annual installments beginning May 12, 2027 (F3).
- Each RSU represents a contingent right to one share and may be settled in stock or cash at the issuer’s discretion (F4).
- Post-transaction holdings: the Form 4 excerpt did not specify total shares owned after these grants — see the full Form 4 for current beneficial ownership.
- Timeliness: transactions occurred May 12–13 and the Form 4 was filed May 15; this appears to be filed one business day after the typical two-business-day reporting window — check the Form 4 for any late filing notation.
Context
- These are company compensation grants (awards and derivative awards like RSUs/options). They reflect future rights to receive shares if vesting and settlement conditions are met (e.g., IPO closing or future vesting dates), not immediate purchases or sales.
- For retail investors: grants can dilute share count when settled; they do not by themselves indicate insider buying or selling intent.
Insider Transaction Report
Form 4
COOK THOMAS A A
EVP, GC & Secretary
Transactions
- Award
Class A Common Stock
[F1][F2]2026-05-12+248,342→ 927,568 total - Award
Stock Options (Right to Buy)
[F3]2026-05-12+169,428→ 169,428 totalExercise: $15.00Exp: 2036-05-12→ Class A Common Stock (169,428 underlying) - Award
Restricted Stock Units
[F4][F5]2026-05-13+75,000→ 75,000 total→ Class A Common Stock (75,000 underlying)
Footnotes (5)
- [F1]Represents the number of performance-based restricted stock units ("RSUs") determined to vest upon the consummation of the Issuer's initial public offering (the "IPO Closing"), which settle in shares of Class A Common Stock six months after the IPO Closing. These RSUs were previously reported on the Reporting Person's Form 3.
- [F2]Includes 459,488 time-based RSUs that vest upon the IPO Closing, which settle in shares of Class A Common Stock six months after the IPO Closing. These RSUs were previously reported on the Reporting Person's Form 3.
- [F3]These stock options vest in three equal annual installments beginning on May 12, 2027. These stock options were previously reported on the Reporting Person's Form 3.
- [F4]Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will be settled in either Class A Common Stock or cash (or a combination thereof) at the Issuer's discretion.
- [F5]These RSUs vest in three equal annual installments beginning on May 12, 2027.
Signature
/s/ Thomas Cook|2026-05-15