Form 4: GCM Grosvenor Director Blythe Masters Acquires Shares Through RSU Settlement

Director Blythe Masters of GCM Grosvenor Inc. acquired 7,953 shares of Class A Common Stock through the settlement of vested Restricted Stock Units (RSUs) and was granted an additional 5,807 RSUs.

Summary

• Blythe Masters, a director at GCM Grosvenor Inc., received 7,953 shares of Class A Common Stock on December 30, 2024, as settlement for previously granted and fully vested Restricted Stock Units (RSUs).
• These RSUs were granted on December 29, 2023, in lieu of quarterly cash compensation.
• Additionally, Masters was granted 5,807 new RSUs on December 31, 2024, also in lieu of quarterly cash compensation, which are fully vested as of the grant date.
• The new RSUs will be settled in shares of Class A Common Stock upon the earliest of the anniversary of the grant, separation from service, a change in control event, or death or disability of the reporting person.
• The price of the shares at the time of the RSU grant on December 31, 2024 was $12.27.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director through RSU settlement demonstrates alignment of interests with shareholders.
• The grant of new RSUs indicates continued commitment and compensation of the director.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing related to equity compensation for a company director, which is common practice in publicly traded companies.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of compensation for directors is a common practice among publicly traded companies.
• Many companies, such as BlackRock, Apollo Global Management, and KKR, use similar equity-based compensation plans to align the interests of their directors and executives with those of shareholders.
• The vesting schedules and settlement terms described in the document are also typical for RSU grants.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

GCM Grosvenor, Blythe Masters, Restricted Stock Units, RSU, Class A Common Stock, Director, Share Acquisition, Equity Compensation