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Director Barry McCarthy discloses 20,000 Class B shares in GCGRU Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

General Catalyst Global Resilience Merger Corp. director Barry McCarthy reported his initial beneficial ownership on a Form 3. He holds 20,000 Class B ordinary shares, which are convertible into 20,000 Class A ordinary shares.

The footnote explains these Class B shares are convertible at the holder’s option on a one-for-one basis until the company completes its initial business combination. After that, they will automatically convert into Class A shares over a ten-year period based on a formulaic conversion schedule and rates.

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Insider McCARTHY BARRY
Role null
Type Security Shares Price Value
holding Class B ordinary shares -- -- --
Holdings After Transaction: Class B ordinary shares — 20,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Class B shares held 20,000 shares Total Class B ordinary shares held directly after reported holdings
Underlying Class A shares 20,000 shares Class A ordinary shares underlying the reported Class B shares
Conversion price $0.0000 per share Conversion or exercise price from Class B into Class A ordinary shares
Initial ownership entries 1 holding entry Form 3 transaction summary shows one holding entry and no buys or sells
Class B ordinary shares financial
"The reported Class B ordinary shares are convertible at the option of the holder on a one-for-one basis"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
Class A ordinary shares financial
"such Class B ordinary shares will automatically convert into Class A ordinary shares, over a ten year period"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
initial business combination financial
"until the issuer's initial business combination, after which, such Class B ordinary shares will automatically convert"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
formulaic conversion schedule financial
"over a ten year period following the issuer's initial business combination based on a formulaic conversion schedule and rates"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
McCARTHY BARRY

(Last)(First)(Middle)
20 UNIVERSITY RD. 4TH FLOOR

(Street)
CAMBRIDGE MASSACHUSETTS 02138

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2026
3. Issuer Name and Ticker or Trading Symbol
General Catalyst Global Resilience Merger Corp. [ GCGR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B ordinary shares (1) (1)Class A ordinary shares20,000(1)(1)D
Explanation of Responses:
1. The reported Class B ordinary shares are convertible at the option of the holder on a one-for-one basis until the issuer's initial business combination, after which, such Class B ordinary shares will automatically convert into Class A ordinary shares, over a ten year period following the issuer's initial business combination based on a formulaic conversion schedule and rates.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Christopher Kauffman, as attorney-in-fact04/29/2026
** Signature of Reporting PersonDate
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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

What did Barry McCarthy report in his Form 3 for GCGRU?

Barry McCarthy reported his initial beneficial ownership as a director of General Catalyst Global Resilience Merger Corp., disclosing 20,000 Class B ordinary shares that are convertible into 20,000 Class A ordinary shares under specified conversion terms over time.

How many shares does Barry McCarthy hold in General Catalyst Global Resilience Merger Corp. (GCGRU)?

Barry McCarthy holds 20,000 Class B ordinary shares. According to the disclosure, these are convertible on a one-for-one basis into 20,000 Class A ordinary shares, subject to the company’s initial business combination and a ten-year formulaic conversion schedule.

What are Class B ordinary shares in GCGRU as reported in this Form 3?

The Class B ordinary shares reported are a separate class that can convert into Class A ordinary shares. They are convertible one-for-one at the holder’s option until the initial business combination, then automatically convert over ten years based on a formulaic schedule.

When do GCGRU Class B ordinary shares convert into Class A ordinary shares?

The Class B ordinary shares are convertible at the holder’s option on a one-for-one basis until the issuer’s initial business combination. After that transaction, they automatically convert into Class A ordinary shares over a ten-year period following that business combination under a formulaic schedule.

Does the GCGRU Form 3 show any buying or selling by Barry McCarthy?

The Form 3 is an initial ownership report and does not show explicit purchases or sales. It lists 20,000 Class B ordinary shares held directly, along with their conversion terms into Class A ordinary shares, rather than recording a new market transaction.

What does the zero exercise price mean for GCGRU’s Class B ordinary shares?

The filing lists a conversion or exercise price of 0.0000 for the Class B ordinary shares into Class A ordinary shares. This indicates the conversion itself does not require an additional cash payment beyond already holding the Class B shares, subject to the stated conditions.