Form 4: General American Investors Co Inc: Officer Priest Reports Gift of Shares

Jeffrey W. Priest, President & CEO of General American Investors Co Inc, reports a gift transaction involving company stock.

Summary

• On May 22, 2024, Jeffrey W. Priest, President & CEO of General American Investors Co Inc, reported a transaction involving the company's common stock.
• The transaction involved a gift of 730 shares and an acquisition of 730 shares at a price of $48.55.
• Following the transaction, Priest directly owns 94,318 shares of common stock.
• Priest also indirectly owns 31,850 shares through a parent company, 72,513 shares through power of attorney, and 39,004 shares through the Thrift Plan Trust.
• Additionally, Priest directly owns 7,200 shares of 5.95% Preferred Stock and indirectly owns 7,739 shares through a parent company and 19,502 shares through power of attorney.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a gift transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares relative to the total outstanding.

Key Dates