Director at GCM Grosvenor (GCMG) takes 7,526 RSUs instead of cash pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCOTT SAMUEL C III reported acquisition or exercise transactions in this Form 4 filing.
GCM Grosvenor Inc. director Scott Samuel C III received a grant of 7,526 Restricted Stock Units, each representing one share of Class A Common Stock, valued at $9.80 per unit. The award was made under the company’s Amended and Restated 2020 Incentive Award Plan in lieu of quarterly cash compensation at his election.
The RSUs are fully vested on the grant date. Shares will be delivered upon the earliest of his separation from service, a change in control event, or his death or disability. Following this award, he holds 117,857 shares or units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCOTT SAMUEL C III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,526 | $9.80 | $74K |
Holdings After Transaction:
Restricted Stock Units — 117,857 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Class A Common Stock of the Issuer. This award of RSUs was granted pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and is fully vested as of the date of grant. Shares of Class A Common Stock in settlement of vested RSUs will be delivered upon the earliest to occur of the Reporting Person's "separation from service" from the Issuer, a "change in control event" of the Issuer or the Reporting Person's death or disability.
Key Figures
RSUs granted: 7,526 units
Grant reference price: $9.80 per unit
Underlying shares: 7,526 shares
+1 more
4 metrics
RSUs granted
7,526 units
Restricted Stock Units awarded on March 31, 2026
Grant reference price
$9.80 per unit
Value used for RSU award calculation
Underlying shares
7,526 shares
Class A Common Stock represented by the RSUs
Holdings after transaction
117,857 shares/units
Direct ownership following the RSU grant
Key Terms
Restricted Stock Units, Amended and Restated 2020 Incentive Award Plan, separation from service, change in control event, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2020 Incentive Award Plan financial
"This award of RSUs was granted pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan"
separation from service financial
"delivered upon the earliest to occur of the Reporting Person's "separation from service" from the Issuer"
change in control event financial
"upon the earliest to occur of ... a "change in control event" of the Issuer"
Class A Common Stock financial
"receive one share of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did GCM Grosvenor (GCMG) report for Scott Samuel C III?
GCM Grosvenor reported that director Scott Samuel C III received 7,526 Restricted Stock Units. Each RSU equals one share of Class A Common Stock and was granted as compensation under the company’s 2020 Incentive Award Plan instead of quarterly cash fees.
At what value were the 7,526 RSUs granted to the GCMG director?
The 7,526 Restricted Stock Units were granted at $9.80 per unit. This value is used for the award calculation and reflects the reference price per RSU for compensation purposes in the company’s incentive plan.
Are the newly granted GCMG Restricted Stock Units vested for Scott Samuel C III?
Yes, the RSU award to Scott Samuel C III is fully vested as of the grant date. Although vested, the underlying Class A Common Stock will be delivered only upon certain future events specified in the incentive plan.
Why did the GCMG director receive RSUs instead of cash compensation?
The RSUs were granted in lieu of quarterly cash compensation at the director’s election. Under GCM Grosvenor’s Amended and Restated 2020 Incentive Award Plan, directors can receive equity-based awards instead of cash fees for their board service.