GMR Solutions (GMRS) President & COO Edward Van Horne Sells Shares

What Happened
Edward Van Horne, President & COO of GMR Solutions (GMRS), reported the sale of 262,278 shares in an open market/private sale on 2026-09-14 at $12.20 per share, netting $3,199,792. The filing also shows one share disposed at $13.26 (reported as tax-withheld). These transactions were part of sell-to-cover activity tied to the settlement of restricted stock units and performance-based restricted stock units, so this was a sale tied to tax withholding rather than a new investment.

Key Details

• Transaction dates/prices: 262,278 shares sold on 2026-09-14 at $12.20 ($3,199,792); 1 share disposed on 2026-09-14 at $13.26 ($13).
• Transaction codes: S = Sale; F = Payment of exercise price or tax liability (share withheld).
• Footnotes: F1 — sale part of broader sell-to-cover to cover tax withholding from RSU/PBRSU settlement; F2 — one share withheld for taxes.
• Filing: Form 4 filed 2026-09-15 for report period 2026-09-14 (accession 0001104659-26-107672). The filing status indicates a late report (L).

Context
Sell-to-cover and share-withholding transactions are common when equity awards vest and are typically used to satisfy tax obligations; they do not necessarily signal management selling for other reasons. The filing does not disclose shares owned after the transactions.