Form 4: GCM Grosvenor CFO Pamela Bentley Reports Stock Transactions

Pamela Bentley, CFO of GCM Grosvenor Inc., reports the vesting and acquisition of Class A Common Stock and Restricted Stock Units.

Summary

• Pamela L Bentley, CFO of GCM Grosvenor Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, Bentley acquired 9,166.66 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) granted on March 1, 2022.
• An additional 75,510 shares of Class A Common Stock were acquired on the same date through the vesting of RSUs granted on October 2, 2023.
• Bentley also acquired 48,485 RSUs on March 1, 2024, which will vest in three equal installments on May 31, 2025, May 31, 2026, and May 31, 2027.
• Following these transactions, Bentley directly owns 112,691 shares of Class A Common Stock and 48,485 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Positives

• The vesting of RSUs indicates that performance milestones or time-based service requirements have been met.

Future Outlook

The newly granted RSUs will vest in three equal installments on May 31, 2025, May 31, 2026 and May 31, 2027, subject to continued service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the increase in outstanding shares.

Next Steps

• Delivery of shares of Class A Common Stock in settlement of vested RSUs will occur on the delivery date set forth in the applicable award agreement.
• The newly granted RSUs will vest in three equal installments on May 31, 2025, May 31, 2026 and May 31, 2027, subject to continued service.

Key Dates