Form 4: GMS Inc. Director John J. Gavin Reports Stock Transactions

Director John J. Gavin reports acquisition and disposal of GMS Inc. common stock and restricted stock units.

Summary

• On August 1, 2024, Director John J. Gavin reported transactions involving GMS Inc. securities.
• Gavin acquired 1,672 shares of common stock upon the vesting of restricted stock units.
• These restricted stock units vested and converted to common stock on a one-for-one basis.
• Gavin also acquired 1,350 restricted stock units.
• Following these transactions, Gavin directly owns 26,120 shares of common stock and 1,350 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.

Future Outlook

The restricted stock units are scheduled to vest on the first anniversary of the grant date and will be settled, with respect to vested restricted stock units, in shares of the issuer's common stock no later than 30 days after each applicable vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice and provides transparency to investors.

Stakeholder Impact

• The disclosure of stock transactions by a director provides transparency to shareholders.

Key Dates