Between September 15 and September 23, three insiders at General American Investors Co Inc ($GAM) reported five open-market purchases totaling $350,950, according to SEC Form 4 records. The five buys stretched across eight days. Eugene S. Stark, a vice president, made two purchases. Samantha X. Jin, Treasurer/PAO/PFO, made two. Craig Anthony Grassi, president, made one.
Stark reported the largest individual dollar amount. He bought 5,000 shares at $24.00 per share on September 15 for $120,000. On September 23, he bought another 5,000 shares at $22.75 per share for $113,750. The two buys lifted his reported position to 39,000 shares. The September 15 form was filed the same day. The September 23 form was filed on September 24.
Jin disclosed two same-day purchases on September 17. She bought 2,000 shares at $23.69 per share and 1,000 shares at $23.66 per share, for a combined $71,040. Her Form 4 was filed on September 18, one day after the trades.
Grassi bought 2,000 shares at $23.08 per share on September 22 for $46,160. The form was filed on September 23. The purchase brought his reported holdings to 3,100 shares.
The three buyers had different disclosure histories. Stark had reported $GAM open-market purchases throughout 2026, including 5,000 shares at $24.85 per share and 1,151 shares at $24.92 per share on April 8, plus smaller buys in January and March. For Jin and Grassi, the September transactions were their only $GAM trades in the database.
Earlier 2026 $GAM filings also showed open-market purchases by other insiders. Jeffrey W. Priest, listed as CEO, bought 5,000 shares at $24.685 per share on April 8 for $123,425. Anang K. Majmudar, listed as president in those earlier filings, bought 1,000 shares at $24.81 per share on April 17 for $24,810 and 500 shares at $24.66 per share on April 20 for $12,330.
No $GAM insider transactions appeared in the database between May 1 and September 14. The September 15 Stark purchase was the next Form 4 activity after late April.
Across the five September purchases, Stark accounted for $233,750, Jin accounted for $71,040, and Grassi accounted for $46,160. The earliest transaction was reported the same day, and the latest was reported one day after the trade.
No Congressional STOCK Act filings for $GAM were present in the database for the same window.