General American Investors (GAM) CEO Jeffrey Priest reports 5.95% preferred stock purchase
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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.
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.
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.