4Accepted Sep 16, 8:04 PM ET
GCM Grosvenor (GCMG) CFO Pamela Bentley Sells 50,000 Shares
Accepted (ET)
8:04 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
6.9 KB
Summary
GCM Grosvenor (GCMG) CFO Pamela Bentley Sells 50,000 Shares
What Happened
Pamela L. Bentley, Chief Financial Officer of GCM Grosvenor Inc. (GCMG), sold a total of 50,000 shares in two open-market transactions: 40,000 shares on 2026-09-15 at a weighted-average price of $12.56 (proceeds $502,508) and 10,000 shares on 2026-09-16 at a weighted-average price of $12.68 (proceeds $126,787). Total proceeds were about $629,295. These sales were executed pursuant to pre-established Rule 10b5-1 trading plans and therefore are typically routine rather than an immediate indicator of the insider’s view of the company.
Key Details
- Transaction dates and prices:
- 2026-09-15 — 40,000 shares sold; weighted-average reported price $12.56; proceeds $502,508. (Footnote F1: individual sale prices in the plan ranged from $12.3800 to $12.7300.)
- 2026-09-16 — 10,000 shares sold; weighted-average reported price $12.68; proceeds $126,787. (Footnote F2: individual sale prices in the plan ranged from $12.4550 to $12.7800.)
- Shares owned after transaction: Not specified in the provided Form 4 filing.
- Notable footnotes: Both sales were made under Rule 10b5-1 trading plans; the filing reports weighted-average prices and states the reporting person will provide a full breakdown of the number of shares sold at each separate price within the disclosed ranges upon request.
- Filing timeliness: Form filed 2026-09-16 for trades on 2026-09-15 and 09-16; this appears timely (Form 4 is due within two business days of the transaction).
Context
Rule 10b5-1 plans let insiders sell shares on a pre-set schedule, which often makes such sales routine (e.g., for diversification or liquidity) rather than a direct signal about company prospects. For retail investors, purchases typically carry more weight as a positive signal; disclosed sales under 10b5-1 plans are common and do not necessarily reflect change in insider sentiment.