Three insiders at General American Investors Company, Inc. ($GAM) reported open-market purchases totaling $237,200 between September 15 and September 22, 2026. The buying spanned four reported purchase transactions by a vice president, the treasurer, and the president.
Eugene S. Stark, a vice president, bought 5,000 shares at $24.00 per share on September 15. The $120,000 transaction was reported the same day, and Stark reported 17,000 shares owned after the trade. Samantha X. Jin, listed as treasurer/PAO/PFO, made two purchases on September 17: 2,000 shares at $23.69 for $47,380 and 1,000 shares at $23.66 for $23,660. Those two buys totaled $71,040 and were filed on September 18, one day after the trade date; Jin reported 2,000 and 1,000 shares owned on the two respective rows. Craig Anthony Grassi, the president, bought 2,000 shares at $23.08 for $46,160 on September 22, and the filing arrived on September 23. Grassi reported 3,100 shares owned after the purchase.
The September activity follows earlier $GAM open-market purchases in 2026. On April 8, Stark reported two buys: 5,000 shares at $24.85 and 1,151 shares at $24.92, together $152,932.92. Jeffrey W. Priest, the chief executive officer, reported a 5,000-share purchase at $24.685 for $123,425 the same day. Anang K. Majmudar, listed as president in the April filings, reported a 1,000-share purchase at $24.81 on April 17 and a 500-share purchase at $24.66 on April 20.
The prior purchase history extended further back. On December 8, 2025, Spencer Davidson, listed as "Other," bought 2,000 shares at $25.0372 for $50,074.40, while Majmudar and Priest reported smaller same-day buys. On December 10, 2025, Priest reported a 16,608-share purchase at $25.0037, worth $415,261.45. Stark reported additional 2026 buys before the September cluster: 4,000 shares at $24.98 on January 13, 3,000 shares at $24.95 on March 13, and two 638-share buys at $24.95 on March 30. Majmudar reported 1,700 shares at $25.00 on February 3 and 1,095 shares at $25.00 on February 4.
A check of congressional STOCK Act disclosures returned no $GAM trades by members of Congress. The three September insiders paid between $23.08 and $24.00 per share. All four September purchases carried the Form 4 "P" designation for open-market transactions, and the reported values add to $237,200. The purchases were spread across three distinct insiders and four reported transactions, with Stark's September 15 buy the largest single transaction at $120,000.