Form 4: GameStop PFO and PAO Daniel Moore Sells 2,376 Shares
SEC Form 4
Daniel William Moore, PFO and PAO of GameStop Corp., sold 2,376 shares of Class A Common Stock at an average price of $21.503 on October 7, 2024.
Summary
- On October 7, 2024, Daniel William Moore, the PFO and PAO of GameStop Corp., sold 2,376 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $21.503.
- The price range for the sales was between $21.500 and $21.515.
- Following the transaction, Moore directly owns 34,904 shares of GameStop Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative sentiment towards the company's future.
Industry Context
Insider trading activity is always closely watched by investors as it can provide signals about management's view of the company's prospects. However, sales do not always indicate a negative outlook, as executives may sell shares for personal financial planning reasons.
Stakeholder Impact
- The sale of shares by a company executive could potentially create uncertainty among shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of transaction: Daniel Moore sold 2,376 shares of GameStop Corp. |
| 10/10/2024 | Date of signature on the Form 4 filing. |
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