Form 4: GCM Grosvenor CFO Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Pamela L. Bentley, CFO of GCM Grosvenor Inc., reports the vesting and settlement of Restricted Stock Units (RSUs) resulting in share acquisitions, disposals for tax obligations, and cash settlements.
Summary
- On April 15, 2025, Pamela L. Bentley, the Chief Financial Officer of GCM Grosvenor Inc., reported transactions related to Restricted Stock Units (RSUs).
- 14,708 Class A Common Stock shares were acquired upon the vesting of RSUs granted on January 15, 2025, under the company's incentive plan.
- 23,629 shares were disposed of to cover tax withholding obligations at a price of $12.61 per share.
- Additionally, 21,646 RSUs were settled in cash by the issuer, also valued at $12.61 per share.
- Following these transactions, Bentley directly owns 65,216 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | RSUs were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan |
| 04/15/2025 | RSUs vested in full and were settled in full. |
| 04/15/2025 | Shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations. |
| 04/15/2025 | RSUs were settled in cash at the option of the Issuer. |
| 04/18/2025 | Date of signature for the Form 4 filing. |
Keywords
GCM Grosvenor, Pamela L. Bentley, CFO, Form 4, RSU, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, SEC Filing
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