Form 4: Arthur G. Altschul, Jr. Reports Sale of General American Investors Co. Preferred Stock

Director Arthur G. Altschul, Jr. reports the sale of 2,000 shares of General American Investors Co. Series B 5.95% Preferred Stock at $24.8278 per share.

Summary

• On April 1, 2025, Arthur G. Altschul, Jr., a director of General American Investors Co. Inc. [GAM], sold 2,000 shares of Series B 5.95% Preferred Stock.
• The transaction was executed at a price of $24.8278 per share.
• Following the transaction, Altschul directly owns 24,400 shares of the Series B Preferred Stock.
• Altschul also indirectly owns 11,487 shares of Common Stock as a trustee and beneficiary of various family trusts and 4,908 shares as a trust beneficiary.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company directors. It allows investors to monitor the buying and selling activities of individuals with privileged information about the company.

Stakeholder Impact

• Shareholders may be interested in this information as it provides insight into the actions of a company director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Series B Preferred Stock, General American Investors Co. Inc., Director, Altschul, GAM