General American (NYSE: GAM) VP reports 64-share preferred stock buy
Rhea-AI Filing Summary
General American Investors Company, Inc. executive Anang K. Majmudar reported buying additional preferred stock. As Senior Vice-President, he filed a Form 4 showing an open-market purchase (code P) on January 13, 2026 of 64 shares of 5.95% Preferred Stock at $24.98 per share.
After this transaction, he directly held 7,705 shares of 5.95% Preferred Stock. The filing also shows direct ownership of 4,703 shares of the company’s common stock and indirect ownership of 28,787 common shares through the issuer’s Employees’ Thrift Plan Trust, where the filing states he disclaims any beneficial interest in those trust-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 5.95% Preferred Stock | 64 | $24.98 | $2K |
| holding | GAM | -- | -- | -- |
| holding | GAM | -- | -- | -- |
Footnotes (1)
- By Issuer's Employees' Thrift Plan Trust. The undersigned disclaims any beneficial interest in these shares. Shares held in joint tenancy with spouse.
FAQ
What insider transaction did GAM Senior Vice-President Anang K. Majmudar report?
Anang K. Majmudar reported an open-market purchase of 64 shares of 5.95% Preferred Stock of General American Investors Company, Inc. on January 13, 2026, coded as a purchase (P) at $24.98 per share.
What common stock holdings of GAM does Anang K. Majmudar report on this Form 4?
The Form 4 shows that Anang K. Majmudar directly owns 4,703 shares of General American Investors Company, Inc. common stock and has indirect ownership of 28,787 common shares through the issuer’s Employees’ Thrift Plan Trust.
What is Anang K. Majmudar’s role at General American Investors Company, Inc.?
According to the Form 4, Anang K. Majmudar is an officer of General American Investors Company, Inc., serving as Senior Vice-President.
Does the Form 4 indicate that multiple reporting persons were involved?
No. The filing indicates it is a Form 4 filed by one reporting person, namely Anang K. Majmudar.