John C. Turner Jr. - 04 Sep 2025 Form 4 Insider Report for GMS Inc. (GMS)

Reporting relationship: President and CEO, Director
Issuer ticker: GMS
Reported as of: 04 Sep 2025
Net transaction value: -$8,812,760
SEC form: 4
Accepted by SEC: 08 Sep 2025, 16:11:36 UTC
Prior SEC filing: 05 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for John C. Turner, Jr.

Key filing fact

John C. Turner Jr. filed Form 4 for GMS Inc. (GMS) on 08 Sep 2025.

Key facts

This page summarizes John C. Turner Jr.'s Form 4 filing for GMS Inc. (GMS).
9 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 08 Sep 2025, 16:11.

Change

Previous filing in this sequence was filed on 05 Aug 2025.
Current net transaction value: -$8,812,760.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001537273 Primary reporting owner

Turner John C JR

Relationship: President and CEO, Director
Address: GMS INC., 115 PERIMETER CENTER PLACE, SUITE 600, ATLANTA
Signature: /s/ Craig D. Apolinsky, Attorney-in-Fact for John C. Turner, Jr.
Signature date: 08 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GMS transaction

Common Stock

Disposed to Issuer

Transaction value: $8,812,760
Shares: -80,116
Change %: -100%
Price: $110.00
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GMS transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -7,353
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,353
Exercise price
Footnotes: F3, F4

GMS transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -12,595
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,595
Exercise price
Footnotes: F3, F4

GMS transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -37,178
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 37,178
Exercise price
Footnotes: F3, F5

GMS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -88,417
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 88,417
Exercise price: $23.43
Footnotes: F6

GMS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -74,110
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 74,110
Exercise price: $49.13
Footnotes: F6

GMS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -61,192
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 61,192
Exercise price: $53.82
Footnotes: F6

GMS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -49,491
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 49,491
Exercise price: $74.80
Footnotes: F6

GMS transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -43,893
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 43,893
Exercise price: $92.63
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John C. Turner Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Pursuant to the terms of the Agreement and Plan of Merger dated June 29, 2025 (the "Merger Agreement"), among The Home Depot, Inc. ("Parent"), Gold Acquisition Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub") and GMS Inc. (the "Issuer"), on September 4, 2025, Merger Sub completed a cash tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer (the "Merger").

Footnote F2

Represents shares of Issuer common stock that, pursuant to the terms of the Merger Agreement and immediately prior to the effective time of the Merger, were cancelled and converted into the right to receive $110.00 per share in cash.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F4

Immediately prior to the effective time of the Merger, each outstanding Issuer restricted stock unit, other than a Rollover RSU (as defined in the Merger Agreement), whether vested or unvested, was cancelled and converted into the right to receive $110.00 in cash less applicable tax withholding.

Footnote F5

Immediately prior to the effective time of the Merger, each Rollover RSU was assumed by Parent and converted into a restricted stock unit with respect to shares of Parent common stock, in an amount equal the product of (i) the number of shares of Issuer common stock underlying such Rollover RSU and (ii) a fraction (x) the numerator of which is $110.00 and (y) the denominator of which is the Parent Share Price (as defined in the Merger Agreement), rounded down to the nearest whole share.

Footnote F6

Immediately prior to the effective time of the merger, each outstanding Issuer stock option, whether vested or unvested, was cancelled and converted into the right to receive $110.00 less the applicable exercise price per Share in cash less applicable tax withholding.