[Form 4] GCM Grosvenor Inc. Insider Trading Activity

Rhea-AI Filing Summary

GCM Grosvenor Inc. (ticker: GCMG) filed a Form 4 disclosing that director David Helfand acquired 7,678 Restricted Stock Units (RSUs) on 06/30/2025 under the company’s Amended & Restated 2020 Incentive Award Plan. The RSUs, taken in lieu of quarterly cash compensation, are fully vested on the grant date; each unit converts into one share of Class A common stock upon separation from service, a change-in-control event, death, or disability. The filing shows Helfand’s total RSU holdings rose to 17,678 units. The price reference listed for the derivative security is $11.56. No open-market purchases or sales of common stock were reported, and ownership remains direct. This administrative insider grant does not alter the company’s share count but modestly increases insider equity alignment.

Positive

• Director opted for equity over cash, modestly increasing insider alignment with shareholders.
• Insider ownership increased to 17,678 RSUs, signaling continued engagement with the company’s long-term value.

Negative

• None.

Insights

Securities Analyst

TL;DR Small, cash-in-lieu RSU grant increases director ownership; immaterial to valuation, modestly positive for governance.

The transaction is coded "A", indicating an acquisition rather than a sale, which removes near-term selling pressure. Because the 7,678 RSUs represent a negligible fraction of GCMG’s ~182 million outstanding shares, the impact on dilution or earnings per share is de minimis. However, electing equity instead of cash slightly improves alignment between the board and shareholders. The grant is fully vested, so there is no future service requirement, limiting its incentive power. Overall, the filing is routine and not materially impactful for investors.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

HELFAND DAVID

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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

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	(1)	06/30/2025		A		7,678		(2)	(2)	Class A Common Stock	7,678	$11.56	17,678	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Class A Common Stock of the Issuer.

2. This award of RSUs was granted pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and is fully vested as of the date of grant. Shares of Class A Common Stock in settlement of vested RSUs will be delivered upon the earliest to occur of the Reporting Person's "separation from service" from the Issuer, a "change in control event" of the Issuer or the Reporting Person's death or disability.

Remarks:

	/s/ Burke Montgomery, Attorney-in-Fact	07/01/2025
	** 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

How many RSUs did director David Helfand receive according to the Form 4 for GCMG?

The filing shows an acquisition of 7,678 Restricted Stock Units on 06/30/2025.

What is David Helfand’s total RSU holding in GCM Grosvenor after this grant?

Following the transaction, Helfand beneficially owns 17,678 RSUs.

Are the newly granted RSUs subject to vesting conditions?

No. The RSUs are fully vested on the grant date and convert to shares upon separation, change-in-control, death, or disability.

Was there any open-market purchase or sale of GCMG shares in this filing?

No. The filing only reports a grant of RSUs; no open-market trades were disclosed.

What price is associated with the derivative security in the Form 4?

The Form 4 lists a reference price of $11.56 for the RSUs.