Form 4: GCM Grosvenor CEO Michael Sacks Reports Changes in Beneficial Ownership

Michael Sacks, CEO of GCM Grosvenor, reports transactions involving Class A Common Stock, Class C Common Stock, and Common Units related to vested Management Award Interests.

Summary

• Michael Sacks, CEO of GCM Grosvenor Inc., filed a Form 4 detailing changes in beneficial ownership.
• The transactions involve Class A Common Stock, Class C Common Stock, and Common Units.
• On May 12, 2025, there were transfers of Class A Common Stock and Common Units related to the settlement of vested Management Award Interests to certain employees.
• These Management Award Interests originally granted on December 15, 2022, and March 19, 2025, vested in full on May 1, 2025.
• The reporting person indirectly holds 2,569,415 Class A Common Stock, 141,665,831 Class C Common Stock, and 4,400,000 Management Award Interests.
• The Class C Common Stock is automatically cancelled for no consideration upon any sale or other transfer of a share of the Issuer's Class A Common Stock issued as a result of any redemption or direct exchange of the Common Units of GCMH.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the transfer of shares related to employee compensation.

Key Dates

Keywords

GCM Grosvenor, Michael Sacks, beneficial ownership, Class A Common Stock, Class C Common Stock, Common Units, Management Award Interests, Form 4, GCMG