Form 4: GCM Grosvenor Inc. Executive Sandra Hurse Reports Stock Transaction
SEC Form 4 Filing
Sandra Hurse, Chief HR Officer of GCM Grosvenor Inc., reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On August 15, 2024, Sandra Hurse, Chief HR Officer of GCM Grosvenor Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 4,680 shares by the issuer to satisfy tax withholding obligations related to the net settlement of vested restricted stock units (RSUs).
- The price per share was $10.89.
- Following the transaction, Hurse directly owns 27,788 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard process of tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine process of tax obligation fulfillment.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Shares withheld for tax obligations. |
| 08/19/2024 | Date of report signature. |
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