DAVIDSON SPENCER purchased 5.6% of their position (10K shares) of GENERAL AMERICAN INVESTORS CO INC on the open market
Open‑market purchase worth $227.5K — a moderate purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 9/24/2026ACC: 0000040417-26-000052
DirectorOther
Since Sep 2019
+10K
Net shares
Net buyer
$227.5K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
10K acquired
Non-Derivative Transactions1
5.95% Preferred Stock
Direct
Shares
+10K
Price / share
$22.75
Trade value
$227.50K
% of position
5.6%
9/23/2026
179.39K→189.39K
Total
Net shares
+10K
Net value
$227.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| 5.95% Preferred Stock Direct | 9/23/2026 | P · Purchase | +10K | $22.75 | $227.50K | 5.6% | 179.39K | 189.39K |
| Total | +10K | $227.50K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)5
5.95% Preferred Stock
IndirectShares owned5K
GAM
IndirectShares owned11.49K
GAM
DirectShares owned1.42M
5.95% Preferred Stock
DirectShares owned1K
GAM
DirectShares owned4.55K
Total
1.43M direct·16.49K indirect1.45M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| 5.95% Preferred Stock | 5K | Indirect |
| GAM | 11.49K | Indirect |
| GAM | 1.42M | Direct |
| 5.95% Preferred Stock | 1K | Direct |
| GAM | 4.55K | Direct |
| Total | 1.45M | 1.43M direct·16.49K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported