Malkin Stephen 4

What Happened

• Stephen Malkin, a director of GCM Grosvenor Inc. (GCMG), was granted 6,378 restricted stock units (RSUs) on 2026-03-31. The award is recorded at $9.80 per share for a total grant value of $62,504. The filing classifies this as a derivative award (Form 4 code A: Award/Grant).

Key Details

• Transaction date and price: 2026-03-31; 6,378 RSUs at $9.80 each (total $62,504).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU represents the contingent right to one share of Class A common stock. F2 — award granted under the 2020 Incentive Award Plan in lieu of quarterly cash compensation, and is fully vested as of the grant date; settlement into shares occurs upon separation from service, a change in control, or death/disability.
• Timeliness: Filing dated 2026-04-02 appears timely (filed within the standard two business-day window).

Context

• This was an RSU award (compensation), not an open-market purchase or sale, so it reflects compensation policy rather than a direct bullish or bearish trading signal. Although the RSUs are fully vested, they are not automatically converted to shares — settlement is deferred until specified triggering events.