GCM Grosvenor (NASDAQ: GCMG) exercises RSUs; 42,813 shares withheld for taxes
Rhea-AI Filing Summary
GCM Grosvenor Inc. President and director Jonathan Reisin Levin reported the exercise of 91,305 Restricted Stock Units into an equal number of Class A common shares on August 15, 2026. These RSUs were granted under the Amended and Restated 2020 Incentive Award Plan on March 1, 2026 and vested in full on August 15, 2026. Of the shares issued, 42,813 Class A shares were withheld by the issuer at $13.86 per share to satisfy tax withholding obligations in a net settlement, and the withholding did not involve any open-market sale.
Positive
- None.
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Insider Trade Summary
Net Buyer: 48,492 shares
Net Buy
3 txns
Insider
Levin Jonathan Reisin
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1 | 91,305 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 91,305 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 42,813 | $13.86 | $593K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 689,493 shares (Direct)
Footnotes (3)
- F1. Represents restricted stock units ("RSUs") that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on March 1, 2026, and vested in full on August 15, 2026. Shares of Class A common stock of the Issuer were delivered to the Reporting Person in settlement of vested RSUs on August 15, 2026.
- F2. Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer.
- F3. 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, 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.
Key Figures
RSUs exercised: 91,305 shares
RSU grant date: March 1, 2026
RSU vesting date: August 15, 2026
+3 more
6 metrics
RSUs exercised
91,305 shares
Restricted Stock Units converted into Class A common stock on August 15, 2026
RSU grant date
March 1, 2026
Grant date of RSUs under Amended and Restated 2020 Incentive Award Plan
RSU vesting date
August 15, 2026
Date RSUs vested in full and were settled in Class A shares
Shares withheld for taxes
42,813 shares
Class A shares withheld by issuer to satisfy tax withholding obligations
Withholding price
$13.86 per share
Per-share value used for tax withholding on 42,813 Class A shares
RSUs remaining after exercise
0
Restricted Stock Units position following conversion on August 15, 2026
Key Terms
Restricted Stock Units, Amended and Restated 2020 Incentive Award Plan, net settlement, tax withholding obligations
4 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") that were granted under the Issuer's"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2020 Incentive Award Plan financial
"were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan"
net settlement financial
"to satisfy tax withholding obligations in connection with the net settlement of RSUs"
tax withholding obligations financial
"shares of Class A common stock that have been withheld by the Issuer to satisfy tax withholding obligations"
FAQ
What equity award did GCMG insider Jonathan Reisin Levin exercise on August 15, 2026?
Jonathan Reisin Levin exercised 91,305 RSUs on August 15, 2026, converting them into an equal number of Class A common shares. The RSUs were granted on March 1, 2026 under GCM Grosvenor’s Amended and Restated 2020 Incentive Award Plan and vested in full on that date.
What does each RSU reported by GCMG for Jonathan Reisin Levin represent?
Each reported RSU represents the contingent right to receive one share of GCM Grosvenor Class A common stock. Upon vesting and settlement on August 15, 2026, these RSUs were converted into Class A shares delivered to the reporting person, subject to tax withholding.
Were the GCMG transactions for Jonathan Reisin Levin under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions. The filing does not state that the August 15, 2026 RSU settlement and related share withholding occurred pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.