Cheng Lawrence 4
Research Summary
AI-generated summary
GameStop (GME) Director Cheng Lawrence Buys 5,000 Shares
What Happened
Cheng Lawrence, a director of GameStop Corp. (GME), purchased 5,000 shares in open-market transactions on January 23, 2026. The weighted average purchase price was $22.87 per share, for a total cash outlay of approximately $114,369. This filing reports a direct purchase (code P).
Key Details
- Transaction date: January 23, 2026 (reported on Form 4 filed January 26, 2026) — filing is within the two-business-day posting requirement.
- Price: weighted average $22.87 per share; the filing notes purchases were made at prices ranging from $22.8547 to $22.9946.
- Total shares acquired: 5,000; total value ≈ $114,369.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: the weighted average reflects multiple trades within the stated range; the reporting person will provide exact breakdowns by price upon request.
- Transaction code: P = Purchase (open-market acquisition).
Context
This is a straightforward open-market purchase by a company director. Purchases can be informative to investors but are one data point; review other insider holdings and filings for a fuller picture before drawing conclusions.