[Form 4] General American Investors Company, Inc. Insider Trading Activity
Jeffrey W. Priest, President & CEO and director of General American Investors Company, Inc. (GAM), reported Form 4 transactions dated 08/28/2025. The filing shows a disposition of 48,973 shares of Common Stock at $59.95 (noted as a financial settlement), leaving 45,611 shares held directly after the transaction. The report also records indirect Common Stock positions: 34,592 shares held by parent, 78,756 shares by power of attorney, and 44,167 shares via the Employees' Thrift Plan Trust (the reporting person disclaims beneficial interest in some indirect holdings). For the 5.95% Preferred Stock, the filing shows a disposition of 7,696 shares at $25.08, with 10,572 shares held directly after the sale and additional indirect preferred positions reported. The signature date is 08/29/2025.
Jeffrey W. Priest, Presidente, CEO e membro del consiglio di General American Investors Company, Inc. (GAM), ha riportato transazioni su Form 4 datate 28/08/2025. La comunicazione indica la cessione di 48.973 azioni di Common Stock a $59,95 (registrata come regolamento finanziario), lasciando 45.611 azioni detenute direttamente dopo l’operazione. Il rapporto segnala inoltre partecipazioni indirette in Common Stock: 34.592 azioni detenute dalla società madre, 78.756 azioni tramite procura e 44.167 azioni tramite l'Employees' Thrift Plan Trust (la persona che segnala dichiara di non avere interesse economico in alcune delle partecipazioni indirette). Per le Preferred Stock al 5,95%, il modulo riporta la cessione di 7.696 azioni a $25,08, con 10.572 azioni detenute direttamente dopo la vendita e ulteriori posizioni indirette in preferred evidenziate. La firma è datata 29/08/2025.
Jeffrey W. Priest, Presidente, CEO y director de General American Investors Company, Inc. (GAM), presentó transacciones en el Form 4 con fecha 28/08/2025. La declaración muestra una disposición de 48.973 acciones de Common Stock a $59,95 (registrada como liquidación financiera), quedando 45.611 acciones en posesión directa tras la operación. El informe también refleja posiciones indirectas de Common Stock: 34.592 acciones pertenecientes a la matriz, 78.756 acciones por poder y 44.167 acciones a través del Employees' Thrift Plan Trust (la persona informante renuncia a un interés de beneficio en algunas tenencias indirectas). Para las acciones Preferred al 5,95%, el formulario indica una disposición de 7.696 acciones a $25,08, con 10.572 acciones en propiedad directa después de la venta y posiciones preferentes indirectas adicionales reportadas. La firma está fechada 29/08/2025.
Jeffrey W. Priest, General American Investors Company, Inc. (GAM)의 사장 겸 CEO이자 이사로서 2025-08-28자 Form 4 거래를 보고했습니다. 제출서에는 보통주 48,973주를 주당 $59.95에 처분한 내용(금융 결제로 표기)이 기재되어 있으며, 거래 후 직접 보유 주식은 45,611주로 남아 있습니다. 보고서에는 또한 간접 보유 보통주 지분도 기재되어 있습니다: 모회사 소유 34,592주, 위임권 보유 78,756주, Employees' Thrift Plan Trust를 통한 44,167주 (보고인은 일부 간접 보유에 대해 실질적 이익을 부인함). 5.95% 우선주는 7,696주를 주당 $25.08에 처분했다고 기재되어 있으며, 판매 후 직접 보유 우선주 10,572주와 추가 간접 우선주 보유가 보고되어 있습니다. 서명일은 2025-08-29입니다.
Jeffrey W. Priest, président-directeur général et administrateur de General American Investors Company, Inc. (GAM), a déclaré des opérations sur le Form 4 datées du 28/08/2025. Le dépôt indique une cession de 48 973 actions ordinaires à $59,95 (notée comme règlement financier), laissant 45 611 actions détenues directement après la transaction. Le rapport enregistre également des positions indirectes en actions ordinaires : 34 592 actions détenues par la maison mère, 78 756 actions par procuration et 44 167 actions via l'Employees' Thrift Plan Trust (la personne déclarante décline tout intérêt bénéficiaire sur certaines détentions indirectes). Pour les actions préférentielles à 5,95%, le dépôt indique une cession de 7 696 actions à $25,08, avec 10 572 actions détenues directement après la vente et d'autres positions indirectes en préférentielles signalées. La date de signature est le 29/08/2025.
Jeffrey W. Priest, Präsident, CEO und Direktor der General American Investors Company, Inc. (GAM), meldete Form-4-Transaktionen datiert 28.08.2025. Die Einreichung weist eine Veräußerung von 48.973 Stammaktien zu $59,95 aus (als finanzielle Abwicklung vermerkt), wodurch nach der Transaktion 45.611 Aktien direkt gehalten werden. Der Bericht erfasst außerdem indirekte Stammaktienpositionen: 34.592 Aktien durch das Mutterunternehmen, 78.756 Aktien per Vollmacht und 44.167 Aktien über den Employees' Thrift Plan Trust (die meldende Person bestreitet ein wirtschaftliches Interesse an einigen indirekten Beständen). Für die 5,95% Vorzugsaktien zeigt die Meldung eine Veräußerung von 7.696 Aktien zu $25,08, wobei nach dem Verkauf 10.572 Aktien direkt gehalten werden und weitere indirekte Vorzugspositionen angegeben sind. Das Datum der Unterzeichnung ist 29.08.2025.
- Timely and specific disclosure of insider transactions complying with Section 16 reporting
- Clear disclaimers of beneficial interest for shares held via parent and thrift plan, improving transparency
- Significant dispositions by the CEO of 48,973 common shares and 7,696 preferred shares on 08/28/2025
- No purchases reported to offset the sales, reducing the reporting person's direct holdings
Insights
TL;DR: Insider sale of both common and preferred shares, disclosed under Form 4, indicates liquidity activity but no new holdings disclosed.
The filing documents routine dispositions by the CEO on 08/28/2025: 48,973 common shares sold at $59.95 and 7,696 preferred shares sold at $25.08, both described as financial settlement transactions. Post-transaction direct common and preferred holdings are reported. Multiple indirect holdings are disclosed, including shares held by parent, power of attorney and the Employees' Thrift Plan Trust, with disclaimers of beneficial interest where indicated. The disclosure is specific and complies with Section 16 reporting requirements; it does not include any derivative transactions.
TL;DR: CEO and director reported significant share dispositions; disclosure is clear but raises standard insider activity questions for investors.
The Form 4 shows Jeffrey W. Priest, an officer and director, executing financial settlement sales of both common and preferred shares on 08/28/2025, with the Form signed on 08/29/2025. The report lists direct and several indirect ownership records and includes explicit disclaimers regarding beneficial interest in certain indirect holdings. All transactions are categorized under transaction code J(3) indicating settlement. The filing is technically complete for the reported events and does not show any options or other derivative activity.
Jeffrey W. Priest, Presidente, CEO e membro del consiglio di General American Investors Company, Inc. (GAM), ha riportato transazioni su Form 4 datate 28/08/2025. La comunicazione indica la cessione di 48.973 azioni di Common Stock a $59,95 (registrata come regolamento finanziario), lasciando 45.611 azioni detenute direttamente dopo l’operazione. Il rapporto segnala inoltre partecipazioni indirette in Common Stock: 34.592 azioni detenute dalla società madre, 78.756 azioni tramite procura e 44.167 azioni tramite l'Employees' Thrift Plan Trust (la persona che segnala dichiara di non avere interesse economico in alcune delle partecipazioni indirette). Per le Preferred Stock al 5,95%, il modulo riporta la cessione di 7.696 azioni a $25,08, con 10.572 azioni detenute direttamente dopo la vendita e ulteriori posizioni indirette in preferred evidenziate. La firma è datata 29/08/2025.
Jeffrey W. Priest, Presidente, CEO y director de General American Investors Company, Inc. (GAM), presentó transacciones en el Form 4 con fecha 28/08/2025. La declaración muestra una disposición de 48.973 acciones de Common Stock a $59,95 (registrada como liquidación financiera), quedando 45.611 acciones en posesión directa tras la operación. El informe también refleja posiciones indirectas de Common Stock: 34.592 acciones pertenecientes a la matriz, 78.756 acciones por poder y 44.167 acciones a través del Employees' Thrift Plan Trust (la persona informante renuncia a un interés de beneficio en algunas tenencias indirectas). Para las acciones Preferred al 5,95%, el formulario indica una disposición de 7.696 acciones a $25,08, con 10.572 acciones en propiedad directa después de la venta y posiciones preferentes indirectas adicionales reportadas. La firma está fechada 29/08/2025.
Jeffrey W. Priest, General American Investors Company, Inc. (GAM)의 사장 겸 CEO이자 이사로서 2025-08-28자 Form 4 거래를 보고했습니다. 제출서에는 보통주 48,973주를 주당 $59.95에 처분한 내용(금융 결제로 표기)이 기재되어 있으며, 거래 후 직접 보유 주식은 45,611주로 남아 있습니다. 보고서에는 또한 간접 보유 보통주 지분도 기재되어 있습니다: 모회사 소유 34,592주, 위임권 보유 78,756주, Employees' Thrift Plan Trust를 통한 44,167주 (보고인은 일부 간접 보유에 대해 실질적 이익을 부인함). 5.95% 우선주는 7,696주를 주당 $25.08에 처분했다고 기재되어 있으며, 판매 후 직접 보유 우선주 10,572주와 추가 간접 우선주 보유가 보고되어 있습니다. 서명일은 2025-08-29입니다.
Jeffrey W. Priest, président-directeur général et administrateur de General American Investors Company, Inc. (GAM), a déclaré des opérations sur le Form 4 datées du 28/08/2025. Le dépôt indique une cession de 48 973 actions ordinaires à $59,95 (notée comme règlement financier), laissant 45 611 actions détenues directement après la transaction. Le rapport enregistre également des positions indirectes en actions ordinaires : 34 592 actions détenues par la maison mère, 78 756 actions par procuration et 44 167 actions via l'Employees' Thrift Plan Trust (la personne déclarante décline tout intérêt bénéficiaire sur certaines détentions indirectes). Pour les actions préférentielles à 5,95%, le dépôt indique une cession de 7 696 actions à $25,08, avec 10 572 actions détenues directement après la vente et d'autres positions indirectes en préférentielles signalées. La date de signature est le 29/08/2025.
Jeffrey W. Priest, Präsident, CEO und Direktor der General American Investors Company, Inc. (GAM), meldete Form-4-Transaktionen datiert 28.08.2025. Die Einreichung weist eine Veräußerung von 48.973 Stammaktien zu $59,95 aus (als finanzielle Abwicklung vermerkt), wodurch nach der Transaktion 45.611 Aktien direkt gehalten werden. Der Bericht erfasst außerdem indirekte Stammaktienpositionen: 34.592 Aktien durch das Mutterunternehmen, 78.756 Aktien per Vollmacht und 44.167 Aktien über den Employees' Thrift Plan Trust (die meldende Person bestreitet ein wirtschaftliches Interesse an einigen indirekten Beständen). Für die 5,95% Vorzugsaktien zeigt die Meldung eine Veräußerung von 7.696 Aktien zu $25,08, wobei nach dem Verkauf 10.572 Aktien direkt gehalten werden und weitere indirekte Vorzugspositionen angegeben sind. Das Datum der Unterzeichnung ist 29.08.2025.
FAQ
What transactions did Jeffrey W. Priest report on Form 4 for GAM?
What was Mr. Priest's role at the issuer in the Form 4 filing?
How many common shares did Mr. Priest hold directly after the reported sale?
Are there indirect holdings reported by Mr. Priest in the Form 4?
What does transaction code J(3) mean in this Form 4?
