GENERAL AMERICAN INVESTORS CO INC·4

Apr 17, 5:00 PM ET

Majmudar Anang K. 4

4 · GENERAL AMERICAN INVESTORS CO INC · Filed Apr 17, 2026

Research Summary

AI-generated summary of this filing

Updated

General American Investors (GAM) SVP Anang Majmudar Buys 1,000 Shares

What Happened
Anang K. Majmudar, Senior Vice‑President of General American Investors Co., purchased 1,000 shares in an open‑market/private purchase on 2026-04-17 at $24.81 per share, for a total of $24,810. This was a buy (transaction code P), which is typically viewed as a direct purchase rather than a sale or option exercise.

Key Details

  • Transaction date: 2026-04-17. Price: $24.81 per share. Total value: $24,810.
  • Transaction type: P = Purchase (open market or private purchase as listed).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — shares held by the Issuer's Employees' Thrift Plan Trust; the reporting person disclaims beneficial interest. F2 — some shares held in joint tenancy with spouse.
  • Filing timeliness: Report filed on 2026-04-17 (same day as the transaction), indicating a timely Form 4.

Context
Purchases by officers can be interpreted as a positive signal because they increase the insider's direct exposure to the company, though filings do not explain motive. The thrift plan footnote (F1) suggests some shares are held via an employee plan rather than direct personal beneficial ownership; F2 notes joint tenancy with spouse. This filing shows a routine insider purchase, not an option exercise, award, or gift.

Insider Transaction Report

Form 4
Period: 2026-04-17
Majmudar Anang K.
Senior Vice-President
Transactions
  • Purchase

    5.95% Preferred Stock

    [F2]
    2026-04-17$24.81/sh+1,000$24,81011,500 total
Holdings
  • GAM

    5,218
  • GAM

    [F1]
    (indirect: By Trust)
    33,624
Footnotes (2)
  • [F1]By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.
  • [F2]Shares held in joint tenancy with spouse.
Signature
/s/Anang K. Majmudar|2026-04-17

Documents

1 file
  • 4
    primary_doc.xmlPrimary

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