Form 4: GMS Director Converts RSUs, Receives New Grant

GMS Inc. Director John J. Gavin converted 1,350 restricted stock units into common stock and received a new grant of 1,141 restricted stock units.

Summary

• Director John J. Gavin converted 1,350 Restricted Stock Units (RSUs) into 1,350 shares of GMS Inc. common stock on August 1, 2025.
• The conversion occurred upon the vesting of RSUs that were originally granted on August 1, 2024.
• Concurrently, Mr. Gavin was granted an additional 1,141 Restricted Stock Units on August 1, 2025.
• These newly granted RSUs are scheduled to vest on the first anniversary of their grant date, subject to continued service as a director.
• Following these transactions, Mr. Gavin's direct beneficial ownership of GMS Inc. common stock increased to 27,470 shares, and he holds 1,141 unvested Restricted Stock Units.

Sentiment

Score: 7

Explanation: The filing reflects routine, positive compensation events for a director, aligning their interests with shareholders through equity ownership. It does not contain any negative surprises or significant new information beyond the compensation details.

Positives

• The conversion of Restricted Stock Units into common stock increases the director's direct equity stake in the company, aligning their interests more closely with those of shareholders.
• The grant of new Restricted Stock Units indicates continued commitment and incentivizes the director's long-term service and performance.

Future Outlook

The 1,141 newly granted Restricted Stock Units are scheduled to vest on the first anniversary of their grant date (August 1, 2026), contingent upon the director's continued service to the issuer.

Industry Context

Not applicable as this filing details individual insider transactions rather than company-wide financial or operational results.

Related Party Transactions

• The grant and vesting of Restricted Stock Units to a director constitute related party transactions as they involve compensation from the company to a member of its management.

Stakeholder Impact

• Shareholders: The transactions align the director's financial interests with those of shareholders by increasing their equity stake and providing incentives for long-term performance.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The 1,141 new Restricted Stock Units are scheduled to vest on August 1, 2026, subject to continued service.

Key Dates

Keywords

GMS Inc., GMS, Restricted Stock Units, RSU conversion, Insider transaction, Director compensation, Equity ownership, SEC Form 4