Bentley Pamela L 4
4 · GCM Grosvenor Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
GCMG CFO Pamela Bentley Receives RSU Award; Shares Withheld
What Happened
Pamela L. Bentley, Chief Financial Officer of GCM Grosvenor Inc. (GCMG), had restricted stock units (RSUs) vest and convert to common shares on April 15, 2026. The filing reports 26,568 shares were acquired on conversion (code M). To satisfy tax withholding obligations, 29,981 shares were withheld/used by the issuer at $10.88 per share, a withholding value of $326,193 (reported as code F). A related derivative entry for 26,568 shares at $0.00 reflects the termination/conversion of the RSUs.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (timely filing).
- Acquired on conversion (M): 26,568 shares (no cash exercise price reported).
- Withheld for taxes (F): 29,981 shares at $10.88 = $326,193. This withholding is not an open‑market sale.
- Derivative disposition: 26,568 shares reported as disposed at $0.00 — reflects RSU conversion/settlement.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: RSUs were granted Jan 15, 2026, vested in full Apr 15, 2026 and settled the same day; each RSU equals one share; withholding was for tax obligations and not an open‑market sale.
Context
This is a routine RSU vesting and net‑settlement for taxes — not a market sale by the insider. Code M indicates conversion/exercise of a derivative (here RSUs converting to shares); code F indicates shares withheld to satisfy tax liabilities. Such net settlements are common when awards vest and do not by themselves indicate a buy/sell trading signal.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F3]2026-04-15$10.88/sh−29,981$326,193→ 39,741 total - Exercise/Conversion
Class A Common Stock
[F1][F2]2026-04-15+26,568→ 69,722 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-04-15−26,568→ 0 total→ Class A Common Stock (26,568 underlying)
Footnotes (3)
- [F1]Represents Restricted Stock Units ("RSUs") that were granted under the Issuer's Amended and Restated 2020 Incentive Award Plan on January 15, 2026, vested in full on April 15, 2026 and were settled in full on April 15, 2026.
- [F2]Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.
- [F3]Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the net settlement of vested RSUs on April 15, 2026. The share withholding for tax withholding obligations does not constitute any open-market sale.