Form 4: Arthur G. Altschul Jr. Reports Securities Transactions in General American Investors Co. Inc.
SEC Form 4 Filing
Director Arthur G. Altschul Jr. reports the sale of Series B Preferred Stock and beneficial ownership of Common Stock through family trusts.
Summary
- Arthur G. Altschul Jr., a director of General American Investors Co. Inc. (GAM), reported transactions involving the company's securities.
- On April 8, 2025, Altschul sold 2,000 shares of Series B 5.95% Preferred Stock at a price of $24.6158 per share.
- Following the transaction, Altschul's beneficial ownership includes 11,487 shares of Common Stock held indirectly as a trustee/beneficiary of various family trusts and 4,908 shares held indirectly as a beneficiary of a trust.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of securities transactions, with neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.
Stakeholder Impact
- Shareholders are informed about the trading activities of a company insider.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of securities transaction (sale of Series B Preferred Stock). |
| 04/09/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Securities Transaction, General American Investors Co. Inc., GAM, Altschul, Director
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