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

Rhea-AI Filing Summary

General American Investors Company, Inc. insider trading report: President and CEO Jeffrey W. Priest reported buying 5.95% Preferred Stock of the company on 12/10/2025. He acquired 16,608 shares in an open-market purchase coded "P" at a price of $25.0037 per share.

After this transaction, Mr. Priest directly owned 34,891 shares of the 5.95% Preferred Stock. He also reported beneficial ownership of the company’s common stock GAM both directly and indirectly, including shares held by a parent, under power of attorney, and through an employees’ thrift plan trust, while disclaiming beneficial interest in certain indirect holdings.

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
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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)
12/10/2025

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	12/10/2025		P		16,608	A	$25.0037	34,891	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	12/10/2025
	** 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).
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FAQ

What insider transaction did GAM report for Jeffrey W. Priest?

Jeffrey W. Priest, President and CEO of General American Investors Company, Inc. (GAM), reported purchasing 16,608 shares of the company’s 5.95% Preferred Stock on 12/10/2025.

At what price did Jeffrey W. Priest buy GAM 5.95% Preferred Stock?

He bought the 5.95% Preferred Stock at a price of $25.0037 per share in a transaction coded as a purchase ("P").

How many GAM 5.95% Preferred shares does Jeffrey W. Priest own after the transaction?

Following the reported transaction, Jeffrey W. Priest directly owned 34,891 shares of 5.95% Preferred Stock.

What is Jeffrey W. Priest’s role at General American Investors Company, Inc. (GAM)?

He is reported as an officer of the company, serving as President & CEO.

Does Jeffrey W. Priest have indirect beneficial ownership of GAM securities?

Yes. The report lists indirect holdings of GAM common and preferred shares through a parent, under power of attorney, and via an employees’ thrift plan trust, while he disclaims beneficial interest in certain of these shares.

What type of SEC form discloses this GAM insider transaction?

The transaction is disclosed on an SEC Form 4, which reports changes in beneficial ownership of securities by company insiders.