Coliseum Capital Management, LLC - 18 Jun 2025 Form 3 Insider Report for GMS Inc. (GMS)

Role: 10%+ Owner
Signature: Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact
Issuer symbol: GMS
Transactions as of: 18 Jun 2025
Net transactions value: $0
Form type: 3
Filing time: 23 Jun 2025, 17:45:29 UTC
Previous filing: 16 Jun 2025
Next filing: 24 Jun 2025
SEC: View on sec.gov

Reporting Owners (7)

Name	Relationship	Address	Signature	Signature date	CIK
Coliseum Capital Management, LLC	10%+ Owner	105 ROWAYTON AVE, ROWAYTON	Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001409751
Coliseum Capital, LLC	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Coliseum Capital, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001409585
COLISEUM CAPITAL PARTNERS, L.P.	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Coliseum Capital Partners, L.P., By: Coliseum Capital, LLC, its General Partner, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001356974
Coliseum Capital Co-Invest III, L.P.	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Coliseum Capital Co-Invest III, L.P., By: Coliseum Capital, LLC, its General Partner, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001807345
Coliseum Capital Co-Invest IV, L.P.	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Coliseum Capital Co-Invest IV, L.P., By: Coliseum Capital, LLC, its General Partner, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0002015842
Gray Adam	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Adam Gray, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001454123
Shackelton Christopher S	10%+ Owner	105 ROWAYTON AVE., ROWAYTON	Christopher Shackelton, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact	23 Jun 2025	0001430708

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GMS	Common Stock, $0.01 par value per share						3,825,151	18 Jun 2025	See footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are directly held as follows: (a) 2,887,233 shares of common stock, $0.01 par value per share ("Common Stock"), by Coliseum Capital Partners, L.P. ("CCP"), 25,846 shares of Common Stock by Coliseum Capital Co-Invest III, L.P. ("CCC III") and 280,165 shares of Common Stock by Coliseum Capital Co-Invest IV, L.P. ("CCC IV"), each of which are an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser; and (b) 631,907 shares of Common Stock by a separate account investment advisory client of CCM (the "Separate Account").
F2	Christopher S. Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, CCC III, CCC IV, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.

Content

These securities are directly held as follows: (a) 2,887,233 shares of common stock, $0.01 par value per share ("Common Stock"), by Coliseum Capital Partners, L.P. ("CCP"), 25,846 shares of Common Stock by Coliseum Capital Co-Invest III, L.P. ("CCC III") and 280,165 shares of Common Stock by Coliseum Capital Co-Invest IV, L.P. ("CCC IV"), each of which are an investment limited partnership of which Coliseum Capital, LLC, a Delaware limited liability company ("CC"), is general partner and for which Coliseum Capital Management, LLC, a Delaware limited liability company ("CCM"), serves as investment adviser; and (b) 631,907 shares of Common Stock by a separate account investment advisory client of CCM (the "Separate Account").

Christopher S. Shackelton ("Shackelton") and Adam Gray ("Gray") are managers of and have an ownership interest in each of CCM and CC. Each of Shackelton, Gray, CCP, CCC III, CCC IV, the Separate Account, CC and CCM disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney