GTM (NASDAQ: GTM) files Form 144 for 34 Restricted Stock Units sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
GTM filed a Form 144 reporting a proposed sale of 34 Restricted Stock Units by the issuer on 06/01/2026. The filing also lists three prior 10b5-1 sales by the same holder in the past three months: 1,057, 6,959 and 2,045 shares on 05/04/2026, 04/02/2026 and 03/13/2026, respectively.
Positive
- None.
Negative
- None.
Key Figures
Form 144 quantity: 34 shares
10b5-1 sale on 05/04/2026: 1,057 shares
10b5-1 sale on 04/02/2026: 6,959 shares
+2 more
5 metrics
Form 144 quantity
34 shares
Restricted Stock Units proposed sale on 06/01/2026
10b5-1 sale on 05/04/2026
1,057 shares
Reported prior sale by same holder
10b5-1 sale on 04/02/2026
6,959 shares
Reported prior sale by same holder
10b5-1 sale on 03/13/2026
2,045 shares
Reported prior sale by same holder
Proceeds shown (example)
$6,960.35
Proceeds adjacent to 05/04/2026 sale row in excerpt
Key Terms
Restricted Stock Units, 10b5-1, Form 144
3 terms
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 34 | 06/01/2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for ASHLEY MCGRANE ... 05/04/2026"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does GTM's Form 144 report?
It reports a proposed sale of 34 Restricted Stock Units by the issuer on 06/01/2026. The filing lists the security type, the quantity, and the date of the proposed sale as disclosed in the excerpt.
Were there recent sales by the same holder in GTM?
Yes. The excerpt lists three 10b5-1 sales: 1,057 shares on 05/04/2026, 6,959 shares on 04/02/2026, and 2,045 shares on 03/13/2026. Proceeds are shown next to each trade in the excerpt.
What security type is being sold under the Form 144?
The filing specifies the sale of Restricted Stock Units converted to Common stock, with the issuer listed as the selling party and the amount shown as 34 on 06/01/2026 in the provided excerpt.
Does the Form 144 show who receives proceeds from the sale?
The excerpt identifies the seller details and lists sale quantities and proceeds for prior 10b5-1 trades, but it does not characterize proceeds treatment beyond showing the transaction rows in the provided content.