GameStop director buys 55,000 shares at $18.80

GameStop Corp. (GME) director Lawrence Cheng reported an indirect open-market purchase of 55,000 shares of Class A Common Stock on September 8, 2026, at $18.7992 per share, through Cheng Capital LLC.

Rhea-AI Filing Summary

GameStop Corp. (GME) director Lawrence Cheng reported an indirect open-market purchase of 55,000 shares of Class A Common Stock on September 8, 2026, at $18.7992 per share, through Cheng Capital LLC.

After this transaction, Cheng Capital LLC’s indirect holdings associated with Cheng total 143,000 shares of GameStop Class A Common Stock.

Insider Trade Summary

Net Buyer: 55,000 shares

Net Buy 1 txn

Insider Cheng Lawrence

Role Director

Bought 55,000 shs ($1.03M)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	55,000	$18.7992	$1.03M

Holdings After Transaction: Class A Common Stock — 143,000 shares (Indirect, by Cheng Capital LLC)

Key Figures

Shares purchased: 55,000 shares Purchase price per share: $18.7992 per share Indirect holdings after transaction: 143,000 shares +1 more

4 metrics

Shares purchased 55,000 shares Class A Common Stock purchased on September 8, 2026

Purchase price per share $18.7992 per share Price paid for 55,000 GameStop shares on September 8, 2026

Indirect holdings after transaction 143,000 shares Total Class A Common Stock indirectly held through Cheng Capital LLC after the purchase

Net buy shares reported 55,000 shares Net effect of reported Form 4 transactions for this date

Key Terms

Class A Common Stock, indirect, open-market or private transaction, Rule 10b5-1

4 terms

Class A Common Stock financial

"reported an indirect open-market purchase of 55,000 shares of Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

indirect financial

"After this transaction, Cheng Capital LLC’s indirect holdings associated with Cheng"

open-market or private transaction financial

"Purchase in open market or private transaction"

Rule 10b5-1 regulatory

"the Rule 10b5-1 plan checkbox is not affirmed"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction in GME did director Lawrence Cheng report?

Lawrence Cheng reported an indirect purchase of 55,000 shares of GameStop Class A Common Stock on September 8, 2026. The shares were bought through Cheng Capital LLC in an open-market or private transaction.

At what price were the GME shares purchased by Cheng Capital LLC?

The 55,000 GameStop (GME) shares associated with Lawrence Cheng were purchased at a price of $18.7992 per share on September 8, 2026, in an open-market or private transaction.

How many GME shares does Lawrence Cheng indirectly hold after this transaction?

Following the reported transaction, entities associated with Lawrence Cheng, specifically Cheng Capital LLC, indirectly hold 143,000 shares of GameStop Class A Common Stock.

Is Lawrence Cheng’s GME trade reported as part of a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 plan checkbox is not affirmed, so the September 8, 2026 purchase of 55,000 GME shares is not reported as made under a Rule 10b5-1 trading plan.

Does Lawrence Cheng hold the reported GME shares directly or indirectly?

The 55,000 purchased shares and the total 143,000 shares are reported as held indirectly by Cheng Capital LLC, which is identified as the nature of ownership associated with Lawrence Cheng.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 06:12 PM Accepted by SEC EDGAR 09/08/2026 - 06:11 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Cheng Lawrence

(Last) (First) (Middle)

C/O GAMESTOP CORP.

625 WESTPORT PARKWAY

(Street)

GRAPEVINE TEXAS 76051

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GameStop Corp. [ GME ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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

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

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

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	09/08/2026		P		55,000	A	$18.7992	143,000	I	by Cheng Capital LLC

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

Explanation of Responses:

Remarks:

	/s/ Daniel Moore, as Attorney-in-Fact	09/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)