COOK THOMAS A A 4

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.