General American SVP buys 1,000 preferred shares

GENERAL AMERICAN INVESTORS CO INC Senior Vice-President Anang K. Majmudar made an open-market purchase of 1,000 shares of the company’s 5.95% Preferred Stock at $24.81 per share.

Rhea-AI Filing Summary

GENERAL AMERICAN INVESTORS CO INC Senior Vice-President Anang K. Majmudar made an open-market purchase of 1,000 shares of the company’s 5.95% Preferred Stock at $24.81 per share. This increased his directly held preferred stake to 11,500 shares.

He also reports direct ownership of 5,218 GAM common shares, with additional 33,624 GAM common shares held indirectly by the issuer's Employees' Thrift Plan Trust, in which he disclaims any beneficial interest. A portion of the reported shares is held in joint tenancy with his spouse.

Insider Trade Summary

Net Buyer: 1,000 shares

Net Buy 3 txns

Insider Majmudar Anang K.

Role Senior Vice-President

Bought 1,000 shs ($25K)

Type	Security	Shares	Price	Value
Purchase	5.95% Preferred Stock	1,000	$24.81	$25K
holding	GAM	--	--	--
holding	GAM	--	--	--

Holdings After Transaction: 5.95% Preferred Stock — 11,500 shares (Direct); GAM — 5,218 shares (Direct); GAM — 33,624 shares (Indirect, By Thrift Plan Trust)

Footnotes (2)

1. F1. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.
2. F2. Shares held in joint tenancy with spouse.

Key Figures

Preferred shares purchased: 1,000 shares Purchase price per preferred share: $24.81/share Total preferred shares after transaction: 11,500 shares +2 more

5 metrics

Preferred shares purchased 1,000 shares Open-market purchase of 5.95% Preferred Stock

Purchase price per preferred share $24.81/share Price paid in the reported transaction

Total preferred shares after transaction 11,500 shares Directly held 5.95% Preferred Stock

Direct common shares held 5,218 shares GAM common stock directly owned

Indirect common shares via Thrift Plan Trust 33,624 shares Held by issuer's Employees' Thrift Plan Trust; beneficial interest disclaimed

Key Terms

open-market purchase, 5.95% Preferred Stock, Employees' Thrift Plan Trust, disclaims any beneficial interest, +1 more

5 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

5.95% Preferred Stock financial

"security_title: 5.95% Preferred Stock"

Employees' Thrift Plan Trust financial

"By Issuer's Employees' Thrift Plan Trust."

disclaims any beneficial interest financial

"The undersigned disclaims any beneficial interest in these shares."

joint tenancy with spouse financial

"Shares held in joint tenancy with spouse."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GAM executive Anang K. Majmudar report?

Anang K. Majmudar reported an open-market purchase of 1,000 shares of GENERAL AMERICAN INVESTORS’ 5.95% Preferred Stock at $24.81 per share, increasing his directly held preferred position to 11,500 shares as of the reported date.

What type of security did GAM’s Senior Vice-President buy on this Form 4?

The transaction involved 5.95% Preferred Stock of GENERAL AMERICAN INVESTORS CO INC. Majmudar purchased 1,000 preferred shares at $24.81 each, bringing his total directly owned preferred shares to 11,500 according to the filing data.

How many GENERAL AMERICAN INVESTORS preferred shares does Anang K. Majmudar now hold?

After the reported open-market purchase, Anang K. Majmudar directly holds 11,500 shares of GENERAL AMERICAN INVESTORS’ 5.95% Preferred Stock. This total reflects the addition of 1,000 shares acquired at $24.81 per share on the transaction date.

What common stock holdings of GAM did Anang K. Majmudar report on this Form 4?

Majmudar reports 5,218 GAM common shares held directly and 33,624 GAM common shares held indirectly through the issuer’s Employees’ Thrift Plan Trust. He disclaims any beneficial interest in the trust-held shares under the filing’s footnote disclosure.

How are GAM shares held through the Employees’ Thrift Plan Trust treated in this Form 4?

The filing states that 33,624 GAM common shares are held by the issuer’s Employees’ Thrift Plan Trust and that Majmudar disclaims any beneficial interest in those shares. They are reported as indirect holdings associated with his position, not as personal ownership.

Does the GAM Form 4 mention any shares held jointly with Anang K. Majmudar’s spouse?

Yes. A footnote explains that some shares are held in joint tenancy with his spouse. This indicates shared legal ownership of those particular GAM shares, though the filing does not break out the exact number held in joint tenancy separately.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 05:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Majmudar Anang K.

(Last) (First) (Middle)

GENERAL AMERICAN INVESTORS COMPANY, INC.

530 FIFTH AVE - 26TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GENERAL AMERICAN INVESTORS CO INC [ GAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice-President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
GAM								5,218	D
GAM								33,624	I(1)	By Thrift Plan Trust
5.95% Preferred Stock	04/17/2026		P		1,000	A	$24.81	11,500	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.

2. Shares held in joint tenancy with spouse.

	/s/Anang K. Majmudar	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)