Form 4: GameStop PFO and PAO Daniel William Moore Sells Shares to Cover Taxes

GameStop's PFO and PAO, Daniel William Moore, sold 526 shares of Class A Common Stock on April 8, 2024, to cover withholding taxes related to vesting restricted stock units.

Summary

• On April 8, 2024, Daniel William Moore, the PFO and PAO of GameStop Corp., sold 526 shares of Class A Common Stock.
• The sale was executed at a price of $11.2512 per share.
• The transaction was to cover applicable withholding taxes in connection with the vesting of restricted stock units and does not represent a discretionary trade.
• Following the transaction, Moore directly owns 21,385 shares of GameStop's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider stock sale for tax purposes. It doesn't convey strong positive or negative sentiment about the company's prospects.

Management Comments

• The sale does not represent a discretionary trade by the Reporting Person.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock and is not necessarily indicative of a change in sentiment regarding the company's future.

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