GCM Grosvenor (GCMG) president settles RSUs; 45,085 shares withheld for taxes
Rhea-AI Filing Summary
GCM Grosvenor Inc.’s President Jonathan Reisin Levin reported routine equity compensation activity involving vested restricted stock units (RSUs) and related tax withholding.
On May 31, 2026, Levin exercised or converted RSUs into a total of 99,242 shares of Class A Common Stock through multiple derivative transactions. These RSUs were granted under GCM Grosvenor’s 2020 and Amended and Restated 2020 Incentive Award Plans and vested in scheduled annual installments.
The company withheld 45,085 shares of Class A Common Stock, valued at $10.63 per share, to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on May 31, 2026. The filing states that these withheld shares represent a reduction of shares issued upon settlement of vested RSUs and “do not constitute any open-market sale.”
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 24,242 | $0.00 | -- |
| Exercise | Restricted Stock Units | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 24,242 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 45,085 | $10.63 | $479K |
Footnotes (1)
- Represents restricted stock units ("RSUs") that were granted under the Issuer's 2020 Incentive Award Plan on March 1, 2023. 25,000 RSUs vested on May 31, 2024, 25,000 RSUs vested on May 31, 2025 and 25,000 RSUs vested on May 31, 2026. 25,000 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of 25,000 vested RSUs on May 31, 2026. Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer. Represents RSUs that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2024. 24,242 RSUs vested on May 31, 2025, 24,242 RSUs vested on May 31, 2026 and 24,243 RSUs will vest on May 31, 2027, subject to the Reporting Person's continued service through the applicable vesting date. 24,242 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of 24,242 vested RSUs on May 31, 2026. Represents RSUs that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2025. 50,000 RSUs vested on May 31, 2026, 50,000 RSUs will vest on May 31, 2027 and 50,000 RSUs will vest on May 31, 2028, subject to the Reporting Person's continued service through the applicable vesting date. 50,000 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of 50,000 vested RSUs on May 31, 2026. Represents shares of Class A Common Stock that have been withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of RSUs that vested on May 31, 2026. The shares withheld represent a reduction of shares issued to the Reporting Person upon settlement of vested RSUs and do not constitute any open-market sale.