BELL WILLIAM FORREST (Chief Accounting Officer) exercised options at GMS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

BELL WILLIAM FORREST

Filed: 8/5/2025ACC: 0001628280-25-037853

InsiderBELL WILLIAM FORRESTCIK 1383276

→

IssuerGMS INC.CIK 1600438

Officer· Chief Accounting Officer

Since Sep 2020

+1.55K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

2.94K acquired · 1.39K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+464.00

Price / share

—

Trade value

—

% of position

55.1%

8/1/2025

842.00→1.31K

Common Stock

Direct

F · Tax Withholding

−138.00

Price / share

—

Trade value

—

% of position

10.6%

8/1/2025

1.31K→1.17K

Common Stock

Direct

M · Option Exercise

+334.00

Price / share

—

Trade value

—

% of position

28.6%

8/1/2025

1.17K→1.50K

Common Stock

Direct

F · Tax Withholding

−99.00

Price / share

—

Trade value

—

% of position

6.6%

8/1/2025

1.50K→1.40K

Common Stock

Direct

M · Option Exercise

+270.00

Price / share

—

Trade value

—

% of position

19.2%

8/1/2025

1.40K→1.67K

Common Stock

Direct

F · Tax Withholding

−80.00

Price / share

—

Trade value

—

% of position

4.8%

8/1/2025

1.67K→1.59K

Total

Net shares

+751.00

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/1/2025	M · Option Exercise	+464.00	—	—	55.1%	842.00	1.31K
Common Stock Direct	8/1/2025	F · Tax Withholding	−138.00	—	—	10.6%	1.31K	1.17K
Common Stock Direct	8/1/2025	M · Option Exercise	+334.00	—	—	28.6%	1.17K	1.50K
Common Stock Direct	8/1/2025	F · Tax Withholding	−99.00	—	—	6.6%	1.50K	1.40K
Common Stock Direct	8/1/2025	M · Option Exercise	+270.00	—	—	19.2%	1.40K	1.67K
Common Stock Direct	8/1/2025	F · Tax Withholding	−80.00	—	—	4.8%	1.67K	1.59K
Total			+751.00		$0.00

Derivative Transactions4

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

464.00 shares

−464.00

Strike price

Held after

0.00

Exercisable

—

8/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

334.00 shares

−334.00

Strike price

Held after

334.00

Exercisable

—

8/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

270.00 shares

−270.00

Strike price

Held after

540.00

Exercisable

—

8/1/2025

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

1.87K shares

+1.87K

Strike price

Held after

1.87K

Exercisable

—

8/1/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock464.00 shares	8/1/2025	M · Option Exercise	−464.00	—	0.00
Restricted Stock Units Direct	Common Stock334.00 shares	8/1/2025	M · Option Exercise	−334.00	—	334.00
Restricted Stock Units Direct	Common Stock270.00 shares	8/1/2025	M · Option Exercise	−270.00	—	540.00
Restricted Stock Units Direct	Common Stock1.87K shares	8/1/2025	A · Award	+1.87K	—	1.87K