A significant insider transaction involving the exercise of company stock options was reported on March 28, by Craig D Apolinsky, SVP at GMS (NYSE:GMS), as per the latest SEC filing.
What Happened: Apolinsky, SVP at GMS, exercised stock options for 20,000 shares of GMS stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The exercise price of the options was $23.11 per share.
GMS shares are trading, exhibiting up of 0.51% and priced at $97.34 during Friday's morning. This values Apolinsky's 20,000 shares at $1,484,600.
Get to Know GMS Better
GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing, and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western, and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.
Key Indicators: GMS's Financial Health
Revenue Growth: Over the 3 months period, GMS showcased positive performance, achieving a revenue growth rate of 1.92% as of 31 January, 2024. This reflects a substantial increase in the ...