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

Sentiment:

SEC Form 4


Daniel William Moore, PFO and PAO of GameStop Corp., sold 1,608 shares of Class A Common Stock on April 2, 2025, to cover withholding taxes related to vesting restricted stock units.

Summary

  • On April 2, 2025, Daniel William Moore, the PFO and PAO of GameStop Corp., sold 1,608 shares of Class A Common Stock.
  • The sale was executed at a price of $22.529 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 still beneficially owns 29,777 shares of GameStop Corp. Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, not indicative of a change in the executive's confidence in the company.

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, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders. This specific transaction appears to be routine, covering tax obligations related to vested stock.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the explanation provided mitigates this concern.

Key Dates

DateDescription
04/02/2025Date of the transaction: Daniel William Moore sold 1,608 shares of GameStop Corp. Class A Common Stock.
04/04/2025Date of signature on the Form 4 filing.

Keywords

GameStop, Daniel William Moore, Form 4, Insider Trading, Stock Sale, GME, PFO, PAO, Restricted Stock Units, Tax Withholding

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