STOCK TITAN

General American Investors (GAM) CEO Jeffrey Priest reports 5.95% preferred stock purchase

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GENERAL AMERICAN INVESTORS CO INC (GAM) President & CEO Jeffrey W. Priest reported a small preferred stock purchase. On 12/08/2025, he acquired 60 shares of the company’s 5.95% Preferred Stock in an open-market purchase at $25 per share, as shown in Table I.

After this transaction, Mr. Priest is reported as beneficially owning various amounts of both GAM common stock and the 5.95% Preferred Stock, held directly and indirectly through a parent, a power of attorney, and an employees’ thrift plan trust. The footnotes state that he has dispositive power over certain indirect holdings but disclaims beneficial interest in those shares.

Positive

  • None.

Negative

  • None.
Insider Priest Jeffrey W
Role President & CEO
Bought 60 shs ($2K)
Type Security Shares Price Value
Purchase 5.95% Preferred Stock 60 $25.00 $2K
holding GAM -- -- --
holding GAM -- -- --
holding GAM -- -- --
holding GAM -- -- --
holding 5.95% Preferred Stock -- -- --
holding 5.95% Preferred Stock -- -- --
Holdings After Transaction: 5.95% Preferred Stock — 18,283 shares (Direct); GAM — 45,611 shares (Direct); GAM — 34,592 shares (Indirect, By Parent); 5.95% Preferred Stock — 7,739 shares (Indirect, By Parent)
Footnotes (1)
  1. Mr. Priest has dispositive power but disclaims any beneficial interest in these shares. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.
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*
Priest Jeffrey W

(Last) (First) (Middle)
GENERAL AMERICAN INVESTORS COMPANY, INC.
530 FIFTH AVE - 26TH FLOOR

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
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)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 45,611 D
GAM 34,592 I(1) By Parent
GAM 78,756 I(1) By Power of Attorney
GAM 22,696 I(2) By Thrift Plan Trust
5.95% Preferred Stock 12/08/2025 P 60 A $25 18,283 D
5.95% Preferred Stock 7,739 I(1) By Parent
5.95% Preferred Stock 19,502 I(1) By Power of Attorney
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. Mr. Priest has dispositive power but disclaims any beneficial interest in these shares.
2. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.
/s/Jeffrey W. Priest 12/09/2025
** 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.

FAQ

What insider transaction did GAM’s President & CEO report on this Form 4?

The President & CEO, Jeffrey W. Priest, reported buying 60 shares of GENERAL AMERICAN INVESTORS CO INC 5.95% Preferred Stock on 12/08/2025 at a price of $25 per share.

Which securities of GENERAL AMERICAN INVESTORS (GAM) are covered in this Form 4 filing?

The filing lists holdings of GAM common stock and the company’s 5.95% Preferred Stock, showing both direct holdings and indirect holdings through a parent, a power of attorney, and an employees’ thrift plan trust.

What is Jeffrey W. Priest’s role at GENERAL AMERICAN INVESTORS CO INC (GAM)?

Jeffrey W. Priest is reported as an officer of GENERAL AMERICAN INVESTORS CO INC, serving as President & CEO, according to the relationship section of the filing.

Does the Form 4 indicate indirect ownership of GAM shares by Jeffrey W. Priest?

Yes. The tables show indirect ownership of both GAM common stock and 5.95% Preferred Stock held by Parent, by Power of Attorney, and by Thrift Plan Trust, with explanatory footnotes.

What do the footnotes in the GENERAL AMERICAN INVESTORS (GAM) Form 4 explain?

The footnotes state that Mr. Priest has dispositive power over certain indirect holdings but disclaims any beneficial interest in those shares, including shares held by the issuer’s employees’ thrift plan trust.

Is this GAM Form 4 filed by one or multiple reporting persons?

The form is indicated as being filed by one reporting person, namely Jeffrey W. Priest, as shown in the individual or joint/group filing section.