Form 4: GameStop PFO and PAO Daniel William Moore Sells Shares to Cover Taxes
SEC Form 4 Filing
Daniel William Moore, PFO and PAO of GameStop Corp., sold 895 shares of Class A Common Stock on January 3, 2025, to cover withholding taxes related to vesting restricted stock units.
Summary
- On January 3, 2025, Daniel William Moore, the PFO and PAO of GameStop Corp., sold 895 shares of Class A Common Stock.
- The shares were sold at a price of $31.068 per share.
- The sale was to cover applicable withholding taxes in connection with the vesting of restricted stock units.
- Following the transaction, Moore directly owns 31,385 shares of GameStop's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale to cover taxes, which is neutral in sentiment.
Management Comments
- The sale does not represent a discretionary trade by the Reporting Person.
Industry Context
Form 4 filings are standard practice for corporate insiders and provide transparency into their transactions in company stock. This particular filing indicates a sale of shares to cover tax obligations, which is a common occurrence.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of the transaction: sale of 895 shares of Class A Common Stock. |
| 01/06/2025 | Date of signature for the Form 4 filing. |
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