Form 4: ABM EVP Gallo Reports Scheduled Equity Transactions
Insider Transaction Report (Rule 10b5-1 Plan)
ABM Industries' EVP & Chief Strategy Officer, Thomas James Gallo, reported scheduled acquisitions and dispositions of company common stock under a Rule 10b5-1 plan.
Summary
- Thomas James Gallo, EVP & Chief Strategy Officer of ABM Industries Inc. (ABM), filed a Form 4 detailing pre-scheduled equity transactions under a Rule 10b5-1 plan.
- On January 8, 2026, Gallo is scheduled to acquire 5,281 shares of common stock through Restricted Stock Units (RSUs) granted under the 2021 Equity and Incentive Compensation Plan. These RSUs will vest in three equal annual installments beginning one year from the grant date and will settle in shares of common stock, accruing dividend equivalent rights.
- On January 9, 2026, Gallo is scheduled to dispose of 927 shares of common stock at a price of $44.69 per share to cover tax withholding obligations related to equity awards.
- On January 10, 2026, Gallo is scheduled to acquire 1,964 shares of common stock due to the vesting of performance shares that were granted in January 2023, based upon the satisfaction of specified performance criteria.
- Also on January 10, 2026, Gallo is scheduled to dispose of 3,154 shares of common stock at a price of $44.69 per share to cover additional tax withholding obligations.
- Following these scheduled transactions, Gallo's direct beneficial ownership of ABM common stock is expected to be 21,077 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a slightly positive routine filing, reflecting ongoing executive compensation through equity awards and the achievement of performance criteria, with expected tax-related share dispositions.
Positives
- Scheduled acquisition of 5,281 shares via Restricted Stock Units (RSUs) on January 8, 2026, indicating ongoing equity compensation for the executive.
- Scheduled acquisition of 1,964 shares on January 10, 2026, resulting from the vesting of performance shares, which signifies the achievement of previously established performance criteria.
Negatives
- Scheduled disposition of 927 shares on January 9, 2026, and 3,154 shares on January 10, 2026, both at $44.69 per share, are for tax withholding purposes and are routine, not indicating a negative outlook.
Future Outlook
The Restricted Stock Units (RSUs) scheduled for acquisition on January 8, 2026, are set to vest in three equal annual installments beginning one year from the grant date, indicating future share distributions to the executive.
Industry Context
StockSavvy.ai notes that Form 4 filings provide transparency into insider ownership changes, which, when part of a Rule 10b5-1 plan, indicate pre-scheduled transactions rather than immediate reactions to market conditions. These filings are standard for executive compensation and tax planning.
Next Steps
- The RSUs acquired on January 8, 2026, will vest in three equal annual installments beginning one year from the grant date.
Key Dates
| Date | Description |
|---|---|
| January 2023 | Grant date for performance shares that are scheduled to vest on January 10, 2026. |
| 01/08/2026 | Scheduled acquisition of 5,281 common stock shares via Restricted Stock Units (RSUs). |
| 01/09/2026 | Scheduled disposition of 927 common stock shares for tax withholding. |
| 01/10/2026 | Scheduled acquisition of 1,964 common stock shares from vesting performance shares and disposition of 3,154 common stock shares for tax withholding. |
| 02/27/2026 | Date the Form 4 was signed by power of attorney. |
Keywords
ABM Industries, Form 4, Insider Transaction, Equity Compensation, Restricted Stock Units, Performance Shares, Executive Compensation, Rule 10b5-1 Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.