Form 4: GCM Grosvenor Principal Accounting Officer Reports Stock Transactions

Kathleen Patricia Sullivan, Principal Accounting Officer of GCM Grosvenor Inc., reports acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

• On March 1, 2024, Kathleen Patricia Sullivan, Principal Accounting Officer of GCM Grosvenor Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Sullivan acquired 2,500 shares of Class A Common Stock and disposed of 2,500 RSUs that vested on March 1, 2024, stemming from a grant made on March 1, 2022.
• Additionally, Sullivan acquired 22,581 shares of Class A Common Stock and disposed of 22,581 RSUs that vested on March 1, 2024, stemming from a grant made on October 2, 2023.
• Sullivan was also granted 36,364 RSUs on March 1, 2024, which will vest in three equal installments on May 31, 2025, May 31, 2026, and May 31, 2027.
• Following these transactions, Sullivan directly owns 61,779 shares of Class A Common Stock and 36,364 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer, with no inherent positive or negative sentiment.

Positives

• The grant of new RSUs to a key officer could be seen as an incentive to remain with the company.

Future Outlook

The reported RSUs will vest over the next three years, subject to the Reporting Person's continued service.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of Class A Common Stock.
• The vesting of RSUs incentivizes the officer to remain with the company, potentially benefiting employees and shareholders.

Key Dates