REED JAN STERN 4

What Happened

• Reed Jan Stern, a director of GMR Solutions Inc. (GMRS), received an award of 12,334 restricted stock units (RSUs) on May 13, 2026. The grant price is shown as $0.00 (typical for RSU awards); no cash was paid. These RSUs are derivative awards that represent a contingent right to receive shares (or cash) in the future.

Key Details

• Transaction type/date: Award/Grant (A) on 2026-05-13; reported on Form 4 filed 2026-05-15 (timely within the statutory window).
• Shares/amount: 12,334 RSUs granted; grant price $0.00 as reported.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: (1) Each RSU equals a contingent right to one share of Class A common stock; settlement may be in stock, cash, or a combination at the issuer's discretion. (2) RSUs vest on the earlier of (i) May 12, 2027, or (ii) the first regularly scheduled annual meeting of stockholders following the grant.
• Filing timeliness: Filed May 15 for a May 13 transaction—appears timely (Form 4 is generally due within two business days).

Context

• This is a compensation-related derivative award to a director (not an open-market purchase or sale). RSU grants are common for director compensation and create a future right to receive shares (or cash) if vesting conditions are met; they do not represent an immediate cash outlay or sale.