StockDriftsGameStop Corp. · GME · 4 · Filed
Director Lawrence Cheng buys $1.03M in stock
GME
4
Insider trades
Insider buy
Source: SEC EDGAR, accession 0001868288-26-000004
What did GameStop Corp. announce?
Director Lawrence Cheng purchased 55,000 shares of common stock for a total of $1,033,956, not under a 10b5-1 plan.
Key details
- Lawrence Cheng, a Director, acquired 55,000 shares.
- The total value of the transaction was $1,033,956.
- The shares were purchased at a price of $18.80 per share.
- The acquisition was an open-market purchase and was not made under a 10b5-1 plan.
Why it matters
This 4 reports an insider transaction at GameStop Corp.. The likely share-price reaction reads as positive.
Bullish