$GME · GameStop Corp.
GameStop director James Grube reported an open-market purchase of 10,255 shares at $19.12 per share, totaling $196,075.60. The transaction was not executed under a 10b5-1 trading plan. Grube now directly owns 39,694 shares.
- Director James Grube purchased 10,255 shares at $19.12 each, totaling $196,075.60.
- The purchase was executed on the open market, not via a 10b5-1 trading plan.
- Post-transaction, Grube holds 39,694 shares directly.
- Grube is a non-executive director (not an officer or 10% owner).
GME is up 5.29% in the regular session to $19.89, with the filing coming after hours. The modest insider buy aligns with positive session momentum but is unlikely to be the primary driver given the director's non-executive status and the relatively small dollar amount versus GME's $8.92B market cap.
Open-market insider buys by directors signal conviction, though the $196K size is modest relative to GME's $8.92B market cap.
_Not applicable._
No 10b5-1 plan was used, meaning the purchase reflects active discretionary conviction rather than a pre-scheduled program.
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