GCM Grosvenor (GCMG) director takes 5,996 fully vested shares as fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cornelli Francesca reported acquisition or exercise transactions in this Form 4 filing.
GCM Grosvenor Inc. director Francesca Cornelli received 5,996 shares of Class A common stock as a fully vested equity award, valued at $12.30 per share. The shares were granted under the company’s Amended and Restated 2020 Incentive Award Plan instead of quarterly cash compensation, bringing her direct holdings to 52,231 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cornelli Francesca
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,996 | $12.30 | $74K |
Holdings After Transaction:
Class A Common Stock — 52,231 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 5,996 shares
Grant reference price: $12.30 per share
Shares owned after grant: 52,231 shares
3 metrics
Shares granted
5,996 shares
Class A Common Stock award on June 30, 2026
Grant reference price
$12.30 per share
Value used for the stock award
Shares owned after grant
52,231 shares
Cornelli’s direct Class A holdings after the award
Key Terms
Amended and Restated 2020 Incentive Award Plan, in lieu of quarterly cash compensation, fully vested
3 terms
Amended and Restated 2020 Incentive Award Plan financial
"was granted pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan"
in lieu of quarterly cash compensation financial
"in lieu of quarterly cash compensation at the election of the Reporting Person"
fully vested financial
"and is fully vested as of the date of grant"
FAQ
What did GCM Grosvenor (GCMG) director Francesca Cornelli report in this Form 4?
Director Francesca Cornelli reported receiving 5,996 shares of GCM Grosvenor Class A common stock. These shares were granted as a fully vested equity award under the company’s 2020 Incentive Award Plan, in lieu of quarterly cash compensation she otherwise would have received in cash.
Was the GCMG Form 4 transaction a market purchase or a compensation award?
The transaction was a compensation-related award, not a market purchase. Cornelli elected to receive 5,996 fully vested Class A shares under the Amended and Restated 2020 Incentive Award Plan instead of quarterly cash compensation she was entitled to as a director.