GameStop (NYSE: GME) legal chief sells 3,912 shares under preset 10b5-1 plan
Rhea-AI Filing Summary
GameStop Corp.'s General Counsel and Secretary, Mark Haymond Robinson, sold 3,912 shares of Class A Common Stock in an open-market transaction. The sale occurred on April 13, 2026 at a weighted average price of $23.189 per share, with individual trade prices ranging from $22.80 to $23.42.
All of these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on January 12, 2026. After the transaction, Robinson directly holds 115,230 GameStop shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insights
Routine, pre-planned insider sale of a small portion of holdings.
The filing shows GameStop’s General Counsel, Mark Haymond Robinson, sold 3,912 shares of Class A Common Stock on April 13, 2026 in an open-market sale at a weighted average price of $23.189 per share.
All trades were executed pursuant to a Rule 10b5-1 trading plan adopted on January 12, 2026, meaning the transactions were pre-scheduled rather than timed discretionarily. This reduces the informational value of the sale’s timing from an investor-sentiment standpoint.
After the sale, Robinson directly owns 115,230 shares, so the transaction represents only a small fraction of his visible stake. The filing does not show any derivative positions, suggesting this event is a modest, planned liquidity move rather than a major repositioning.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,912 | $23.189 | $91K |
Footnotes (1)
- All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 12, 2026. Represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $22.80 to $23.42, inclusive. The reporting person undertakes to provide to GameStop Corp., a security holder of GameStop Corp. or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.