GAM VP buys 5.95% preferred stock shares
GENERAL AMERICAN INVESTORS CO INC executive Eugene S. Stark, VP Administration/CCO/PFO, reported open-market purchases of the company’s 5.95% Preferred Stock.
Rhea-AI Filing Summary
GENERAL AMERICAN INVESTORS CO INC executive Eugene S. Stark, VP Administration/CCO/PFO, reported open-market purchases of the company’s 5.95% Preferred Stock. He bought 638 shares at $24.95 on March 30, 2026 and 200 shares at $24.92 on March 27, 2026, totaling 838 shares.
Following these purchases, Stark directly holds 27,849 shares of the 5.95% Preferred Stock and 10,000 common shares. The filing also lists 101,303 common shares held by the issuer’s Employees’ Thrift Plan Trust, for which Stark disclaims any beneficial interest, and 4,000 preferred shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 838 shares
Net Buy
6 txns
Insider
Stark Eugene S
Role
VP Administration/CCO/PFO
Bought
838 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 5.95% Preferred Stock | 638 | $24.95 | $16K |
| Purchase | 5.95% Preferred Stock | 200 | $24.92 | $5K |
| holding | GAM | -- | -- | -- |
| holding | GAM | -- | -- | -- |
| holding | 5.95% Preferred Stock | -- | -- | -- |
| holding | 5.95% Preferred Stock | -- | -- | -- |
Holdings After Transaction:
5.95% Preferred Stock — 39,849 shares (Direct);
GAM — 10,000 shares (Direct);
GAM — 101,303 shares (Indirect, By Thrift Plan Trust);
5.95% Preferred Stock — 4,000 shares (Indirect, By Spouse)
Footnotes (4)
- F1. Shares held in joint account with spouse.
- F2. Shares held by the undersigned's spouse in an IRA account.
- F3. Shares held by the undersigned in an IRA account.
- F4. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.
Key Figures
Preferred shares bought 3/30/2026: 638 shares at $24.95
Preferred shares bought 3/27/2026: 200 shares at $24.92
Direct preferred holdings after trades: 27,849 shares
+4 more
7 metrics
Preferred shares bought 3/30/2026
638 shares at $24.95
Open-market purchase of 5.95% Preferred Stock
Preferred shares bought 3/27/2026
200 shares at $24.92
Open-market purchase of 5.95% Preferred Stock
Direct preferred holdings after trades
27,849 shares
5.95% Preferred Stock held directly after 3/30/2026
Direct common stock holding
10,000 shares
GAM common stock held directly as of 3/27/2026
Thrift Plan common holding
101,303 shares
Common shares held by Employees’ Thrift Plan Trust; interest disclaimed
Spouse preferred holding
4,000 shares
5.95% Preferred Stock held indirectly by spouse
Net insider share change
838 shares (net buy)
Net buy direction across reported transactions
Key Terms
open-market purchase, 5.95% Preferred Stock, Employees’ Thrift Plan Trust, beneficial interest, +1 more
5 terms
open-market purchase financial
"reported open-market purchases of the company’s 5.95% Preferred Stock"
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
"reported open-market purchases of the company’s 5.95% Preferred Stock"
Employees’ Thrift Plan Trust financial
"common shares held by the issuer’s Employees’ Thrift Plan Trust"
beneficial interest financial
"for which Stark disclaims any beneficial interest"
Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.
indirectly by his spouse financial
"4,000 preferred shares held indirectly by his spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider trades did Eugene S. Stark report for GENERAL AMERICAN INVESTORS (GAM)?
Eugene S. Stark reported two open-market purchases of GAM’s 5.95% Preferred Stock, buying 638 shares at $24.95 and 200 shares at $24.92. These transactions total 838 shares and increase his direct preferred holdings.
At what prices did GAM executive Eugene S. Stark buy 5.95% Preferred Stock?
Stark bought GAM’s 5.95% Preferred Stock at $24.95 per share on March 30, 2026 and $24.92 per share on March 27, 2026. Both were reported as open-market purchases of non-derivative securities.
What common stock holdings does Eugene S. Stark report in GAM?
Stark reports 10,000 GAM common shares held directly and 101,303 common shares held indirectly through the issuer’s Employees’ Thrift Plan Trust. He disclaims any beneficial interest in the Thrift Plan shares, as stated in the footnotes.
Are any of Eugene S. Stark’s GAM holdings through family or benefit plans?
Yes. The filing lists 4,000 5.95% Preferred shares held indirectly by his spouse and 101,303 common shares held by the issuer’s Employees’ Thrift Plan Trust. Stark expressly disclaims beneficial interest in the Thrift Plan shares in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
