Form 4: GCM Grosvenor Inc. Executive Sandra Hurse Reports Stock Transactions
SEC Form 4 Filing
Sandra Hurse, Chief HR Officer of GCM Grosvenor Inc., reports the vesting and settlement of restricted stock units (RSUs) and associated tax withholding.
Summary
- On April 15, 2025, Sandra Hurse, Chief HR Officer of GCM Grosvenor Inc., reported transactions involving Class A Common Stock.
- These transactions included the vesting and settlement of 8,604 Restricted Stock Units (RSUs).
- The company withheld 15,142 shares of Class A Common Stock to cover tax obligations related to the RSU settlement at a price of $12.61.
- Additionally, 20,144 RSUs were settled in cash by the issuer at a price of $12.61.
- Following these transactions, Hurse directly owns 34,502 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It's a routine regulatory filing.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Restricted Stock Units (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, Sandra Hurse, Form 4, RSU, Class A Common Stock, Beneficial Ownership, Insider Trading
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