Director at GCM Grosvenor (NASDAQ: GCMG) takes 7,526 shares in lieu of cash
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 reported an equity compensation grant. She received 7,526 shares of Class A Common Stock, valued at $9.80 per share, under the company’s Amended and Restated 2020 Incentive Award Plan in lieu of quarterly cash compensation. The award is fully vested on the grant date, and her direct holdings increase to 46,235 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cornelli Francesca
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,526 | $9.80 | $74K |
Holdings After Transaction:
Class A Common Stock — 46,235 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 7,526 shares
Grant price: $9.80 per share
Shares owned after grant: 46,235 shares
3 metrics
Shares granted
7,526 shares
Class A Common Stock award to director on 2026-03-31
Grant price
$9.80 per share
Reference price for the equity award
Shares owned after grant
46,235 shares
Director’s direct Class A holdings following the transaction
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 insider transaction did GCMG director Francesca Cornelli report?
Francesca Cornelli reported an acquisition of 7,526 GCM Grosvenor Class A shares. The shares were granted as equity compensation under the 2020 Incentive Award Plan, fully vested at grant, instead of taking her usual quarterly cash director fees.
Was the GCMG stock grant to Francesca Cornelli part of a compensation plan?
Yes, the grant was made under GCM Grosvenor’s Amended and Restated 2020 Incentive Award Plan. The footnote explains it was issued in lieu of quarterly cash compensation, at her election, and is fully vested as of the grant date.