Form 4: GCM Grosvenor Inc. Officer Sells 5,000 Shares of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Kathleen Patricia Sullivan, Principal Accounting Officer of GCM Grosvenor Inc., sold 5,000 shares of Class A Common Stock at an average price of $10.727 on September 9, 2024.

Summary

  • On September 9, 2024, Kathleen Patricia Sullivan, the Principal Accounting Officer of GCM Grosvenor Inc. (GCMG), sold 5,000 shares of Class A Common Stock.
  • The sale was executed at a weighted average price of $10.727 per share, with individual transactions ranging from $10.7000 to $10.7500.
  • Following the transaction, Sullivan directly owns 47,307 shares of GCM Grosvenor Inc.'s Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. An officer sold shares, which could be for various personal reasons and doesn't necessarily reflect negatively on the company.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

  • The sale of shares by a company officer could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

DateDescription
09/09/2024Date of transaction: Kathleen Patricia Sullivan sold 5,000 shares of Class A Common Stock.
09/10/2024Date of report: Form 4 filing date.

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