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sellNotable cluster of 3

Spencer Davidson sold $432k of GAM

director, other at GENERAL AMERICAN INVESTORS CO INC. 17,400 shares at an average of $24.82, traded May 8, 2025, filed May 9, 2025.

Warning score
67
Value
$432k
17,400 shares
Holdings after
5,000
-78% from before
From 52-week low
+14%
low $40.75, close $46.50
From 52-week high
-3%
high $47.89, as of May 8, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $432k at market
    +17
  • Share of holdings sold
    Sold 78% of holdings
    +20
  • Cluster
    3 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +6.0%, 3m +12.8%, 6m +21.4%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

GAMOct 12, 2026 · close 64.91
Since filing May 9, 2025: +39.5%SPY +40.2% · excess -0.7%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000040417-25-000036, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 8, 2025SOpen-market sale
5.95% Preferred Stockindirect: By Trusts
-17,400$24.82$432k5,000May 9, 2025

Related signals

Other insiders at GENERAL AMERICAN INVESTORS CO INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
39Weak
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Spencer Davidson
other
$228k
10,000 shares
+6%
48Moderate
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Eugene S Stark
VP Administration
$114k
5,000 shares
+15%
51Moderate
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Craig Anthony Grassi
Vice-President
$46k
2,000 shares
+182%
53Moderate
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Samantha X. Jin
Treasurer/PAO/PFO
$71k
3,000 shares
-
53Moderate
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Jeffrey W Priest
President & CEO
$94k
4,000 shares
+10%
46Moderate
GAMbuy 5
GENERAL AMERICAN INVESTORS CO INC
Eugene S Stark
VP Administration
$120k
5,000 shares
+42%
45Moderate
GAMbuy 3
GENERAL AMERICAN INVESTORS CO INC
Anang K. Majmudar
Senior Vice-President
$12k
500 shares
+4%
48Moderate
GAMbuy 3
GENERAL AMERICAN INVESTORS CO INC
Anang K. Majmudar
Senior Vice-President
$25k
1,000 shares
+10%
57Moderate
GAMbuy 3
GENERAL AMERICAN INVESTORS CO INC
Eugene S Stark
VP Administration/CCO/PFO
$153k
6,151 shares
+22%
63Notable
GAMbuy 3
GENERAL AMERICAN INVESTORS CO INC
Jeffrey W Priest
President & CEO
$123k
5,000 shares
+14%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Spencer Davidson sold $432k of GAM | InsiderTell