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GMRSGMR Solutions Inc. · Insider ownership research

GMR Solutions Inc. insiders sold $28.7M in the past 12 months. How much of their stake is that?

0% was sold under disclosed trading plans, 100% to cover taxes. The largest seller, Nicola Loporcaro (Chairman & CEO, Director), sold $17.8M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$17.8M
largest seller, Nicola Loporcaro, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
6 of 10
officers and directors sold shares, past 12 months
Latest filing: Filed Sep 15 for a sale on Sep 14. Nicola Loporcaro sold 1.46M shares ($17.8M) to cover taxes on vesting stock. Filing
SEC ownership filings: 32 filed in the 12 months to Oct 16, 2026; 32 on record since May 13, 2026 · See the evidence

What stands out

Routine activity: 0% of sales were under disclosed plans, and no insider sold more than 1% of vested holdings.

A share of stake is shown for 0 of the 6 officers and directors who sold. 10 are left out

i
Left out: Jessica Hall, Jan Reed, Timothy Wicks, Nicola Loporcaro, Lisa Jacoba, Edward Van Horne, Brian Tierney, Thomas Cook, Amar Desai and Ellen Zane (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Nicola Loporcaro
Chairman & CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$17.8MTo cover taxes
Brian Tierney
EVP & CFO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.2MTo cover taxes
Edward Van Horne
President & COO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.2MTo cover taxes
Thomas Cook
EVP, GC & Secretary
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.1MTo cover taxes
Lisa Jacoba
EVP & CHRO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.1MTo cover taxes
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

To cover taxesOne dollar scale for every month; the tallest bar is labeled
OctNovDecJanFebMarAprMayJunJulAugSep 2026: $28.7M to cover taxes$28.7MSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 14, 20266 executives sold 2.35M shares ($28.7M) to cover taxes on vesting stock. 43K shares came in from vesting or option exercises the same day, so their combined holdings fell by 2.34M net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Nicola Loporcaro
Chairman & CEO, Director
1,457,102$12.20n/an/aSep 14, 2026Sep 15, 2026
Brian Tierney
EVP & CFO
265,794$12.20n/an/aSep 14, 2026Sep 15, 2026
Edward Van Horne
President & COO
262,278$12.20n/an/aSep 14, 2026Sep 15, 2026
Thomas Cook
EVP, GC & Secretary
251,882$12.20n/an/aSep 14, 2026Sep 15, 2026
Lisa Jacoba
EVP & CHRO
92,680$12.20n/an/aSep 14, 2026Sep 15, 2026
Jessica Hall
Chief Accounting Officer
23,687$12.20n/an/aSep 14, 2026Sep 15, 2026

Outside holders, reported separately

Pegasus Aggregator Holdco LLC reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the GMR Solutions Inc. CEO selling stock?

Yes. Nicola Loporcaro sold 1.46M shares ($17.8M) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are GMR Solutions Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% were to cover taxes. A trading plan schedules sales in advance.

Are any GMR Solutions Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Nicola Loporcaro
Chairman & CEO, Director
$17.8M
1.46M shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Brian Tierney
EVP & CFO
$3.2M
266K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Edward Van Horne
President & COO
$3.2M
262K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Thomas Cook
EVP, GC & Secretary
$3.1M
252K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Lisa Jacoba
EVP & CHRO
$1.1M
93K shares
Not confirmed
share of stake is being verified. Why
To cover taxes
Jessica Hall
Chief Accounting Officer
$289K
24K shares
Not confirmed
share of stake is being verified. Why
To cover taxes

Outside holder, reported separately: Pegasus Aggregator Holdco LLC (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

The full ownership picture0 of 10 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Jessica Hall
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jessica Hall are complete.
Chief Accounting Officer
n/a−24Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jessica Hall

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jessica Hall are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,000$8.20Mar 14, 2028$80K
22,591$15.00May 12, 2036$0

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Jan Reed
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jan Reed are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jan Reed

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jan Reed are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Timothy Wicks
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Timothy Wicks are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Timothy Wicks

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Timothy Wicks are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Nicola Loporcaro
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nicola Loporcaro are complete.
Chairman & CEO, Director
n/a−1.46Mn/an/a
Vesting, gifts, unvested awards and holding lines for Nicola Loporcaro

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nicola Loporcaro are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,355,422$15.00May 12, 2036$0
1,250,000$8.20May 4, 2033$5.0M

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Lisa Jacoba
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lisa Jacoba are complete.
EVP & CHRO
n/a−93Kn/an/a
Vesting, gifts, unvested awards and holding lines for Lisa Jacoba

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lisa Jacoba are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−23withheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
112,952$15.00May 12, 2036$0
100,000$8.20Sep 16, 2029$400K
25,000$8.20Mar 20, 2033$100K

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Edward Van Horne
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Edward Van Horne are complete.
President & COO
n/a−262Kn/an/a
Vesting, gifts, unvested awards and holding lines for Edward Van Horne

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Edward Van Horne are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1withheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
271,085$15.00May 12, 2036$0
850,000$8.20Mar 14, 2028$3.4M
150,000$8.20May 15, 2029$600K

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Brian Tierney
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Brian Tierney are complete.
EVP & CFO
n/a−266Kn/an/a
Vesting, gifts, unvested awards and holding lines for Brian Tierney

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian Tierney are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−31Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
271,085$15.00May 12, 2036$0
10,000$8.20Aug 16, 2033$40K
98,575$8.20Dec 31, 2029$394K

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Thomas Cook
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Thomas Cook are complete.
EVP, GC & Secretary
n/a−252Kn/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Cook

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Cook are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1withheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
169,428$15.00May 12, 2036$0
212,189$8.20Dec 31, 2029$849K

Estimate: options held × ($12.20 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Amar Desai
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Amar Desai are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Amar Desai

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Amar Desai are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Ellen Zane
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Ellen Zane are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Ellen Zane

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Ellen Zane are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for GMR Solutions Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$28.7M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $28.7M across 2,353,423 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Taxes

$28.7M of sales (100.0%) cite tax obligations in their footnotes. Separately, 30,746 shares ($408K) were withheld by the company for taxes, which isn't a market sale. Example: Thomas Cook, Sep 14, 2026

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Nicola Loporcaro
Chairman & CEO, Director
1.46M$17.8M0%62%Sep 14, 2026 to Sep 14, 2026
Brian Tierney
EVP & CFO
266K$3.2M0%11%Sep 14, 2026 to Sep 14, 2026
Edward Van Horne
President & COO
262K$3.2M0%11%Sep 14, 2026 to Sep 14, 2026
Thomas Cook
EVP, GC & Secretary
252K$3.1M0%11%Sep 14, 2026 to Sep 14, 2026
Lisa Jacoba
EVP & CHRO
93K$1.1M0%4%Sep 14, 2026 to Sep 14, 2026
Jessica Hall
Chief Accounting Officer
24K$289K0%1%Sep 14, 2026 to Sep 14, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$28.7M$0$28.7M$0
Oct 2026$0$0$0$0
Known gaps and uncertainty10 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for GMR Solutions Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology32 filings on record, 32 filed in the 12-month period, and how we read them

All 32 Forms 3, 4 and 5 on record for GMR Solutions Inc. (SEC CIK 1898718), filed from May 13, 2026 to Sep 15, 2026; 32 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (2)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Max LinNo balance on record
Johnny KimNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.