Sacks Michael Jay sold GCMG
November 14, 2025 · Form 4 insider transaction
Sacks Michael Jay sold 893,012 shares of GCM Grosvenor Inc. at $11.59 per share, a transaction worth $10.35M. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The Reporting Person exercised 900,000 warrants to purchase 900,000 shares of the Issuer's Class A Common Stock at an exercise price of $11.50 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in withholding of 893,012 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 6,988 shares. The warrant shares withheld represent a reduction of shares issued to the Reporting Person and do not constitute any open-market sale.; Represents securities held directly by Grosvenor Holdings, L.L.C. The Reporting Person is the ultimate managing member of each of Grosvenor Holdings, L.L.C., Grosvenor Holdings II, L.L.C. , GCM Grosvenor Management, L.L.C. and GCM V, L.L.C.