Desai Amar 4

What Happened

• Amar Desai, a director of GMR Solutions Inc. (GMRS), received a grant of 9,972 restricted stock units (RSUs) on July 1, 2026. The filing reports the acquisition as a derivative award at $0.00 per share (transaction code A), meaning these are RSUs rather than an outright stock purchase.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 6, 2026 (appears to be filed after the typical 2-business-day window).
• Award: 9,972 RSUs; reported price $0.00 because RSUs are contingent rights, not an immediate cash purchase.
• Vesting: RSUs vest on July 1, 2027 (per filing footnote).
• Settlement: RSUs will be settled in Class A common stock or cash (or combination) at the issuer’s discretion.
• Shares owned after transaction: Not disclosed in the filing.
• Transaction type: Derivative award (not a market purchase or sale).

Context

• RSUs represent a contingent right to receive shares in the future; they do not transfer actual shares or cash until vested/settled and therefore are not the same as an immediate insider purchase. Such grants are common as compensation or retention tools and do not by themselves indicate buying or selling intent. The later filing date may be a timing/filing issue and could be noted by investors tracking insider timeliness.