Coliseum Capital Management, LLC - Jul 14, 2025 Form 4 Insider Report for GMS Inc. (GMS)

Role
10%+ Owner
Signature
Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact
Stock symbol
GMS
Transactions as of
Jul 14, 2025
Transactions value $
-$37,266,947
Form type
4
Date filed
7/16/2025, 07:46 PM
Previous filing
Jun 24, 2025
Next filing
Jul 29, 2025

Reporting Owners (7)

Name Relationship Address Signature Signature date CIK
Coliseum Capital Management, LLC 10%+ Owner 105 ROWAYTON AVENUE, ROWAYTON Coliseum Capital Management, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact 2025-07-16 0001409751
Coliseum Capital, LLC 10%+ Owner 105 ROWAYTON AVE., ROWAYTON Coliseum Capital, LLC, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact 2025-07-16 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 2025-07-16 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 2025-07-16 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 2025-07-16 0002015842
Gray Adam 10%+ Owner 105 ROWAYTON AVE., ROWAYTON Adam Gray, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact 2025-07-16 0001454123
Shackelton Christopher S 10%+ Owner 105 ROWAYTON AVE., ROWAYTON Christopher Shackelton, By: /s/ Chivonne Cassar, Chivonne Cassar, Attorney-in-fact 2025-07-16 0001430708

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMS Common stock, par value $0.01 per share ("Common Stock") Sale -$19.7M -179K -4.68% $110.05 3.65M Jul 14, 2025 See Footnotes F1, F2, F3
transaction GMS Common Stock Sale -$11.5M -105K -2.87% $110.06 3.54M Jul 15, 2025 See Footnotes F2, F3, F4
transaction GMS Common Stock Sale -$6.05M -54.9K -1.55% $110.05 3.49M Jul 16, 2025 See Footnotes F2, F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Coliseum Capital Management, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.05 to $110.07, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The shares of Common Stock reported herein are directly held by (a) Coliseum Capital Partners, L.P. ("CCP"), Coliseum Capital Co-Invest III, L.P. ("CCC III") and 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) a separate account investment advisory client of CCM (the "Separate Account").
F3 Christopher 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.05 to $110.17, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.05 to $110.06, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Following the transactions reported herein, CCP, the Separate Account, CCC III and CCC IV directly owned 2,631,633, 575,968, 23,559 and 255,364 shares of Common Stock, respectively.