Sacks Michael Jay 4
4 · GCM Grosvenor Inc. · Filed Nov 18, 2025
Insider Transaction Report
Form 4
Sacks Michael Jay
DirectorChief Executive Officer
Transactions
- Other
Class A Common Stock
2025-11-14$11.59/sh−893,012$10,350,009→ 6,988 total(indirect: See footnotes) - Exercise of In-Money
Class A Common Stock
2025-11-14$11.50/sh+900,000$10,350,000→ 900,000 total(indirect: See footnotes) - Exercise of In-Money
Warrants
2025-11-14−900,000→ 0 total(indirect: See footnotes)Exercise: $11.50From: 2020-12-17Exp: 2025-11-17→ Class A Common Stock (900,000 underlying)
Footnotes (2)
- [F1]Represents securities held directly by Grosvenor Holdings, L.L.C. The Reporting Person is the ultimate managing member of each of Grosvenor Holdings, L.L.C., Grosvenor Holdings II, L.L.C. , GCM Grosvenor Management, L.L.C. and GCM V, L.L.C.
- [F2]The Reporting Person exercised 900,000 warrants to purchase 900,000 shares of the Issuer's Class A Common Stock at an exercise price of $11.50 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in withholding of 893,012 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 6,988 shares. The warrant shares withheld represent a reduction of shares issued to the Reporting Person and do not constitute any open-market sale.