Stark Eugene S 4
4 · GENERAL AMERICAN INVESTORS CO INC · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
GAM VP/CCO/PFO Eugene Stark Buys 838 Shares
What Happened
Eugene S. Stark, Vice President Administration / Chief Compliance Officer / Principal Financial Officer of General American Investors Co. Inc. (GAM), made two open-market purchases: 200 shares on 2026-03-27 at $24.92 ($4,984) and 638 shares on 2026-03-30 at $24.95 ($15,918), for a combined 838 shares purchased totaling $20,902. These transactions are purchases (P), which are generally considered more informative than routine sales because they indicate the insider acquired stock.
Key Details
- Transaction dates and prices:
- 2026-03-27: 200 shares @ $24.92 = $4,984
- 2026-03-30: 638 shares @ $24.95 = $15,918
- Transaction type: P = Purchase (open-market or private purchase as reported).
- Shares owned after the transactions: Not specified in the provided filing excerpt.
- Footnotes included in the filing:
- F1: Shares held in joint account with spouse.
- F2: Shares held by the undersigned's spouse in an IRA account.
- F3: Shares held by the undersigned in an IRA account.
- F4: Shares held by Issuer's Employees' Thrift Plan Trust; the insider disclaims beneficial interest.
- Filing timeliness: The report was filed 2026-03-30 covering transactions on 2026-03-27 and 2026-03-30; the Form 4 appears to have been filed within the SEC’s required two-business-day window.
Context
These were straightforward stock purchases (no options exercised, awards, gifts, or tax-withholding events reported). Purchases by officers can signal confidence, but they are only one data point—retail investors should consider company fundamentals and other information before drawing conclusions.
Insider Transaction Report
- Purchase
5.95% Preferred Stock
[F1]2026-03-27$24.92/sh+200$4,984→ 27,211 total - Purchase
5.95% Preferred Stock
[F1]2026-03-30$24.95/sh+638$15,918→ 27,849 total
- 10,000
GAM
[F1] - 101,303(indirect: By Trust)
GAM
[F4] - 12,000
5.95% Preferred Stock
[F3] - 4,000(indirect: By Spouse)
5.95% Preferred Stock
[F2]
Footnotes (4)
- [F1]Shares held in joint account with spouse.
- [F2]Shares held by the undersigned's spouse in an IRA account.
- [F3]Shares held by the undersigned in an IRA account.
- [F4]By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares.