GameStop officer covers taxes via 7,085-share sale
GameStop Corp. officer Daniel William Moore reported an automatic share sale tied to tax withholding.
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Rhea-AI Filing Summary
GameStop Corp. officer Daniel William Moore reported an automatic share sale tied to tax withholding. On this Form 4, Moore had 7,085 shares of Class A Common Stock sold at $22.38 per share to cover applicable withholding taxes from vested restricted stock units. The footnote states this was not a discretionary trade. After the transaction, Moore directly owned 115,125 GameStop shares, indicating he retained a substantial equity position while settling the tax obligation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,085 | $22.38 | $159K |
Footnotes (1)
- F1. Represents shares sold to cover applicable withholding taxes in connection with the vesting of restricted stock units. This sale does not represent a discretionary trade by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
withholding taxes financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GameStop (GME) officer Daniel Moore report in this Form 4?
Why does the GameStop (GME) Form 4 say the sale was not discretionary?
Is the GameStop (GME) insider transaction an open-market sale signal?
AI-generated analysis. How Rhea-AI works. Not financial advice.