Form 4: GCM Grosvenor Officer Reports Stock Transactions Following RSU Vesting

Kathleen Patricia Sullivan, Principal Accounting Officer at GCM Grosvenor Inc., reports the vesting and settlement of Restricted Stock Units (RSUs) resulting in stock acquisitions, disposals, and adjustments to beneficial ownership.

Summary

• On April 15, 2025, Kathleen Patricia Sullivan, Principal Accounting Officer of GCM Grosvenor Inc., had Restricted Stock Units (RSUs) vest and settle.
• 4,352 shares were acquired through the vesting of RSUs granted on January 15, 2025, under the company's incentive plan.
• 8,141 shares were withheld by the issuer to cover tax obligations related to the RSU settlement at a price of $12.61 per share.
• 2,559 RSUs were settled in cash by the issuer, based on the fair market value of the underlying Class A Common Stock on April 15, 2025, at $12.61 per share.
• Following these transactions, Sullivan directly owns 54,982 shares of Class A Common Stock.
• The reported transactions do not include any open-market sales.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the amounts are relatively small.
• Employees who hold RSUs may be interested in the details of vesting and settlement.

Key Dates

Keywords

GCM Grosvenor, Form 4, Beneficial Ownership, Kathleen Patricia Sullivan, RSU, Restricted Stock Units, Stock Transactions, Principal Accounting Officer