STOCK TITAN

Lazard Asset Mgmt (NYSE:GAM) reports a 6.7% stake in General American Investors

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

General American Investors Co Inc: Lazard Asset Management LLC reports beneficial ownership of 1,580,674 shares of common equity, representing 6.7% of the class as of 03/31/2026.

The filing (Schedule 13G) lists sole voting and dispositive power over the 1,580,674 shares. The form is signed by Kyle DiGangi, Managing Director, on 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Lazard holds a measurable passive stake in GAM (6.7%).

Lazard Asset Management LLC reports beneficial ownership of 1,580,674 shares, representing 6.7% as listed on 03/31/2026. The filing shows sole voting and dispositive power for the same share count.

Cash‑flow treatment or intentions (e.g., active trading, block sales) are not stated in the excerpt; subsequent disclosures would specify any changes in position.

Schedule 13G disclosure confirms reporting compliance; no allegation or transaction intent is declared.

The filing format and signature by Kyle DiGangi on 05/15/2026 satisfy the attestation element. The document lists CUSIP 368802104 and the reporter's address at 30 Rockefeller Plaza.

Filing-type implications (passive vs active investor status) are not explicitly provided in the excerpt; any change in status would require further amendment.

Filing type Schedule 13G Beneficial ownership disclosure for equity
Shares beneficially owned 1,580,674 shares Amount listed in Item 4 of the Schedule 13G
Percent of class 6.7% Percent of class reported in Item 4
CUSIP 368802104 Identifier shown for the issuer's equity
Reporting date 03/31/2026 Date header associated with the ownership disclosure
Signature date 05/15/2026 Date the filing was signed by the reporting officer
Schedule 13G regulatory
"Item 1. (a) Name of issuer: General American Investors Co Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Item 4. (a) Amount beneficially owned: 1,580,674"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Dispositive power regulatory
"Item 4. (iii) Sole power to dispose or to direct the disposition of: 1,580,674"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
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FAQ

What stake does Lazard Asset Management LLC report in GAM?

Lazard Asset Management LLC reports beneficial ownership of 1,580,674 shares, equal to 6.7% of the equity class. The Schedule 13G cites this position with voting and dispositive power recorded as sole authority.

As of what date is the Lazard ownership reported for GAM (GAM)?

The ownership figure is presented with a reporting date of 03/31/2026. The Schedule 13G is signed by the filer’s representative on 05/15/2026, which is the signature date of the filing.

Does the filing state whether Lazard will actively trade GAM shares?

No. The excerpt lists beneficial ownership and voting/dispositive power but does not state trading intentions. The Schedule 13G in the excerpt does not disclose plans to buy, sell, or change the reporting status.

Who signed the Schedule 13G for Lazard regarding GAM?

The Schedule 13G is signed by Kyle DiGangi, identified as Managing Director, Global CCO & Counsel, with the signature date shown as 05/15/2026 in the filing excerpt.





368802104

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Lazard Asset Management LLC
Signature:Kyle DiGangi
Name/Title:Managing Director, Global CCO & Counsel
Date:05/15/2026