4/A: General American Investors CEO Amends Filing to Correct Omitted Share Transaction

General American Investors CEO, Jeffrey W. Priest, amended a previous SEC filing to include a previously omitted transaction involving 94,318 shares of common stock.

Summary

• Jeffrey W. Priest, the President and CEO of General American Investors Company, Inc., filed an amendment to a previous Form 4.
• The amendment was to correct an omission of a transaction involving 94,318 shares of common stock.
• The filing also details Mr. Priest's beneficial ownership of common stock and preferred stock through various means, including direct ownership, parent company holdings, power of attorney, and a thrift plan trust.
• Mr. Priest disclaims beneficial interest in some of the shares held indirectly.

Sentiment

Score: 5

Explanation: The document is a routine correction of a filing, not indicative of any significant positive or negative sentiment.

Negatives

• The need for an amended filing indicates an initial error in reporting.

Risks

• Errors in SEC filings can lead to regulatory scrutiny.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It is important for transparency and regulatory compliance.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for all publicly traded companies in the US.
• The level of detail provided in this filing is consistent with industry standards for reporting beneficial ownership.
• The amendment highlights the importance of accuracy in these filings, which is a common concern across the industry.

Stakeholder Impact

• The correction of the filing ensures transparency for shareholders.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Amendment, General American Investors, Jeffrey W. Priest, Common Stock, Preferred Stock, Insider Trading, Filings