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General American (NYSE: GAM) VP reports 64-share preferred stock buy

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

Rhea-AI Filing Summary

General American Investors Company, Inc. executive Anang K. Majmudar reported buying additional preferred stock. As Senior Vice-President, he filed a Form 4 showing an open-market purchase (code P) on January 13, 2026 of 64 shares of 5.95% Preferred Stock at $24.98 per share.

After this transaction, he directly held 7,705 shares of 5.95% Preferred Stock. The filing also shows direct ownership of 4,703 shares of the company’s common stock and indirect ownership of 28,787 common shares through the issuer’s Employees’ Thrift Plan Trust, where the filing states he disclaims any beneficial interest in those trust-held shares.

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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 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)
Senior Vice-President
3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026
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 4,703 D
GAM 28,787 I(1) By Thrift Plan Trust
5.95% Preferred Stock 01/13/2026 P 64 A $24.98 7,705 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 01/14/2026
** 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.

FAQ

What insider transaction did GAM Senior Vice-President Anang K. Majmudar report?

Anang K. Majmudar reported an open-market purchase of 64 shares of 5.95% Preferred Stock of General American Investors Company, Inc. on January 13, 2026, coded as a purchase (P) at $24.98 per share.

How many shares of GAM preferred stock does Anang K. Majmudar own after this Form 4?

Following the reported transaction, Anang K. Majmudar directly owned 7,705 shares of 5.95% Preferred Stock of General American Investors Company, Inc.

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

The Form 4 shows that Anang K. Majmudar directly owns 4,703 shares of General American Investors Company, Inc. common stock and has indirect ownership of 28,787 common shares through the issuer’s Employees’ Thrift Plan Trust.

How are the 28,787 indirectly owned GAM shares held for Anang K. Majmudar?

The 28,787 indirectly owned common shares are held by the issuer’s Employees’ Thrift Plan Trust. The filing notes that these shares are held by the trust and that the undersigned disclaims any beneficial interest in them.

What is Anang K. Majmudar’s role at General American Investors Company, Inc.?

According to the Form 4, Anang K. Majmudar is an officer of General American Investors Company, Inc., serving as Senior Vice-President.

Does the Form 4 indicate that multiple reporting persons were involved?

No. The filing indicates it is a Form 4 filed by one reporting person, namely Anang K. Majmudar.

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