GMR Solutions EVP Thomas Cook Sells 251,882 Shares

What Happened

• Thomas A. A. Cook, EVP, General Counsel & Secretary of GMR Solutions (GMRS), disposed of 251,882 shares in an open-market/private sale on 2026-09-14 at $12.20 per share, totaling $3,072,960. The filing also shows 1 share disposed at $13.26 (value ~$13) related to tax/withholding.
• These sales were reported as sell-to-cover transactions tied to the settlement of restricted stock units (RSUs) and performance-based RSUs rather than an independent market-timed sale.

Key Details

• Transaction date: 2026-09-14; filing date: 2026-09-15 (timely filing).
• Primary sale: 251,882 shares @ $12.20 = $3,072,960 (code S — sale).
• Tax withholding: 1 share @ $13.26 = ~$13 (code F — tax/withholding).
• Footnotes: Sales were part of broader sell-to-cover actions by employees to satisfy tax withholding on settled RSUs and performance RSUs; one share was specifically withheld for taxes.
• Shares owned after the transactions: not specified in the information provided.

Context

• Sell-to-cover transactions are common when RSUs or performance awards vest; the company or holder sells a portion of vested shares to pay required tax withholding and does not necessarily signal a discretionary decision to divest remaining holdings.
• This was a sale (not a purchase), so it doesn’t indicate a direct bullish insider buy; the filing attributes the disposals to tax obligations from equity settlements.