Form 4: GMS Inc. Director Theron I. Gilliam Reports Stock Option Exercise and Sale

Director Theron I. Gilliam exercised stock options and sold shares of GMS Inc. common stock on April 1, 2025.

Summary

• On April 1, 2025, Theron I. Gilliam, a director of GMS Inc., exercised stock options to acquire 24,474 shares of common stock at a price of $14.77 per share.
• On the same day, Gilliam sold 12,474 shares of GMS Inc. common stock at a weighted average price of $73.46 per share, with individual sales prices ranging from $73.08 to $73.68.
• Following these transactions, Gilliam directly owns 31,507 shares of GMS Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

GMS Inc., Theron I. Gilliam, stock options, Form 4, director, sale of shares, beneficial ownership, securities, transaction