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

Daniel William Moore, PFO and PAO of GameStop Corp., sold 1,972 shares of Class A Common Stock on October 2, 2024, to cover withholding taxes related to the vesting of restricted stock units.

Summary

• On October 2, 2024, Daniel William Moore, the PFO and PAO of GameStop Corp., sold 1,972 shares of Class A Common Stock.
• The shares were sold at a price of $21.9624 per share.
• The sale was executed to cover applicable withholding taxes associated with the vesting of restricted stock units.
• Following the transaction, Moore directly owns 37,280 shares of GameStop Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is a routine sale of shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a positive or negative outlook on the company.

Management Comments

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

Industry Context

Insider transactions are routinely monitored and reported to the SEC. Sales to cover tax obligations upon vesting of restricted stock units are common and don't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates