Spencer Davidson - Nov 24, 2025 Form 4 Insider Report for GENERAL AMERICAN INVESTORS CO INC (GAM)

Role
Chairman
Signature
/s/Spencer Davidson
Stock symbol
GAM
Transactions as of
Nov 24, 2025
Transactions value $
$132,919
Form type
4
Date filed
11/25/2025, 05:26 PM
Previous filing
Nov 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DAVIDSON SPENCER Chairman GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK /s/Spencer Davidson 2025-11-25 0001215920

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GAM 5.95% Preferred Stock Purchase $103K +4.12K +2.4% $24.98 176K Nov 24, 2025 Direct F1
transaction GAM 5.95% Preferred Stock Purchase $30K +1.2K +0.68% $24.98 177K Nov 25, 2025 Direct F1
holding GAM GAM 1.42M Nov 24, 2025 Direct F1
holding GAM GAM 11.5K Nov 24, 2025 By Trusts F2
holding GAM GAM 4.55K Nov 24, 2025 Direct F3
holding GAM 5.95% Preferred Stock 1K Nov 24, 2025 Direct F3
holding GAM 5.95% Preferred Stock 5K Nov 24, 2025 By Trusts F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by Hudson Partnership of which Spencer Davidson is the General Partner.
F2 By Various Trusts of which the undersigned is Trustee. The undersigned discontinued service on two Trusts in 2024 and disclaims any beneficial interest in these shares.
F3 Shares held in an IRA account.