GCM Grosvenor Insider Filing: 52,500 RSUs Converted; Tax Withholding Reported

Rhea-AI Filing Summary

GCM Grosvenor Inc. (GCMG) Form 4: Frederick Pollock, Chief Investment Officer, reported settlement of 52,500 restricted stock units that vested and were converted into shares on 08/15/2025. Those settled RSUs increased his direct holdings to 721,576 shares before the issuer withheld 20,659 shares to satisfy tax withholding, leaving him with 700,917 shares beneficially owned after the transactions. The filing clarifies the withheld shares were for tax obligations and not open-market sales. The Form 4 was signed by an attorney-in-fact on 08/18/2025.

Positive

• 52,500 RSUs vested and settled into shares, demonstrating compensation alignment with company performance or tenure
• Disclosure specifies withheld shares were for tax obligations, clarifying that shares were not sold on the open market

Negative

• 20,659 shares were withheld for taxes, reducing net shares delivered to the reporting person
• Net beneficial ownership changed to 700,917 shares, which may modestly dilute per-share metrics relative to prior holdings

Insights

Financial Analyst

TL;DR: Routine insider vesting and tax withholding; modest change in share count, no open-market sale.

The Form 4 documents a standard compensation event: RSUs granted earlier in the year vested and were settled into common stock on 08/15/2025, increasing the reporting person’s direct holdings before issuer tax withholding reduced the net shares delivered. This does not reflect a market sale and therefore has limited immediate market liquidity implications. The net change in ownership (an increase driven by vesting, partially offset by withholding) should be considered in the context of total outstanding shares if assessing dilution or insider alignment.

Corporate Governance Expert

TL;DR: Compensation-related disclosure completed appropriately; withholding disclosed, no governance red flags.

The filing is a clear, compliant disclosure of equity compensation settlement: 52,500 RSUs vested and were settled into shares, with 20,659 shares withheld for taxes. The reporting person is an executive officer, and the transaction follows standard plan mechanics. No evidence of opportunistic trading or late reporting is present in the form text provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pollock Frederick

(Last) (First) (Middle)

C/O GCM GROSVENOR INC.

900 NORTH MICHIGAN AVENUE, SUITE 1100

(Street)

CHICAGO IL 60611

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GCM Grosvenor Inc. [ GCMG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/15/2025		M		52,500(1)	A	(2)	721,576	D
Class A Common Stock	08/15/2025		F		20,659(3)	D	$12.89	700,917	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/15/2025		M			52,500(1)	(1)	(1)	Class A Common Stock	52,500	$0	0	D

Explanation of Responses:

1. Represents restricted stock units ("RSUs") that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2025, and vested in full on August 15, 2025. Shares of Class A common stock of the Issuer were delivered to the Reporting Person in settlement of vested RSUs on August 15, 2025.

2. Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer.

3. 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 August 15, 2025. 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.

Remarks:

	/s/ Burke Montgomery, Attorney-in-Fact	08/18/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What transactions did Frederick Pollock report on Form 4 for GCMG?

The Form 4 reports the settlement of 52,500 restricted stock units into Class A common stock on 08/15/2025, with 20,659 shares withheld for tax withholding.

Did the Form 4 report any open-market sales of GCMG stock by the insider?

No. The filing states the withheld 20,659 shares were used to satisfy tax withholding and expressly notes this did not constitute an open-market sale.

How many GCMG shares does the reporting person beneficially own after the transactions?

After settlement and withholding, the reporting person beneficially owns 700,917 shares of Class A common stock.

When did the RSUs vest and under what plan were they granted?

The RSUs vested on 08/15/2025 and were originally granted under the Issuer’s Amended and Restated 2020 Incentive Award Plan on March 1, 2025.

Who signed the Form 4 filing for the reporting person?

The Form 4 was signed on behalf of the reporting person by Burke Montgomery, Attorney-in-Fact on 08/18/2025.