GAM VP Stark buys 4,000 preferred stock at $24.98 shares (NYSE: GAM)

Rhea-AI Filing Summary

General American Investors Company officer Eugene S. Stark, VP Administration/CCO/PFO, reported buying 4,000 shares of the company’s 5.95% Preferred Stock on January 13, 2026 at $24.98 per share. Following this purchase, he directly holds 24,000 shares of this preferred stock, with additional preferred shares held in an IRA and by his spouse.

For the company’s common stock (GAM), Stark reports 10,000 shares held in a joint account with his spouse and 89,637 shares held by the issuer’s Employees’ Thrift Plan Trust, for which he disclaims any beneficial interest. Some preferred and common holdings are reported as indirect, including shares held in his spouse’s IRA.

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^*

Stark Eugene S

(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)
	VP Administration/CCO/PFO

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								10,000	D(1)
GAM								89,637	I(4)	By Thrift Plan Trust
5.95% Preferred Stock	01/13/2026		P		4,000	A	$24.98	24,000	D(1)
5.95% Preferred Stock								12,000	D(3)
5.95% Preferred Stock								4,000	I(2)	By Spouse

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. Shares held in joint account with spouse.

2. Shares held by the undersigned's spouse in an IRA account.

3. Shares held by the undersigned in an IRA account.

4. By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.

	/s/Eugene S. Stark	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 officer Eugene S. Stark report?

Eugene S. Stark reported purchasing 4,000 shares of 5.95% Preferred Stock of General American Investors Company on January 13, 2026 at a price of $24.98 per share.

What is Eugene S. Stark’s role at General American Investors Company (GAM)?

Eugene S. Stark is an officer of General American Investors Company, serving as VP Administration/Chief Compliance Officer/Principal Financial Officer.

How many 5.95% Preferred shares does Eugene S. Stark hold after the reported GAM transaction?

After buying 4,000 shares, Eugene S. Stark directly holds 24,000 shares of 5.95% Preferred Stock, with additional preferred shares reported in an IRA and by his spouse.

How many GAM common shares are associated with Eugene S. Stark?

The filing lists 10,000 GAM common shares in a joint account with his spouse and 89,637 GAM common shares held by the issuer’s Employees’ Thrift Plan Trust, where he disclaims any beneficial interest.

Are any of Eugene S. Stark’s GAM holdings indirect or held by others?

Yes. Some holdings are indirect, including shares held by his spouse’s IRA and by the Employees’ Thrift Plan Trust, for which he disclaims beneficial interest, as noted in the footnotes.

Does the GAM Form 4 indicate a Rule 10b5-1 trading plan for this transaction?

The form includes a section to indicate if a transaction was made under a Rule 10b5-1(c) trading plan, but the excerpt does not show that this box was selected for the reported purchase.