President & COO Edward Van Horne Sells $3.2M of GMRS Stock
GMRS sits 29% above its 52-week low of $10.255.
Summary
GMR Solutions President & COO Edward Van Horne sold $3.2 million worth of Class A Common Stock on September 14, 2026, reducing his direct holdings to 575,004 shares.
Key Events · Ownership and Investor Activity · GMRS
-
President & COO Sells $3.2M in Stock
Edward Van Horne sold 262,278 shares at $12.20 per share on September 14, 2026, for total proceeds of $3,199,791.60.
-
Post-Sale Holdings Reduced
Following the sale, Van Horne directly holds 575,004 shares of Class A Common Stock.
-
Cluster of Insider Selling
This sale follows Form 144 filings by three other officers and directors on September 15, 2026, indicating a broader pattern of insider dispositions.
-
Tax Withholding Context
The filing states the sale was part of a sell-to-cover program for tax withholding on restricted stock units, though the transaction size exceeds typical tax obligations.
Analysis · GMRS · Energy & Transportation
Edward Van Horne, President & COO of GMR Solutions, sold 262,278 shares at $12.20 per share on September 14, 2026, generating approximately $3.2 million in proceeds. The sale represents roughly 0.45% of the company's market capitalization and reduces his direct holdings to 575,004 shares. While the filing notes the sale was part of a broader sell-to-cover program for tax withholding on restricted stock units, the transaction size and the executive's role make this a notable insider disposition. The sale comes just days after three other officers and directors filed Form 144s to sell shares, suggesting a cluster of insider selling activity.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GMRS was trading at $13.26 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $716.3M. The 52-week trading range was $10.26 to $15.98. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.