$GME · GameStop Corp.
GameStop CEO, President, and Chairman Ryan Cohen reported two open-market purchases totaling 844,130 shares at prices of $26.75 and $27.00, for an aggregate outlay of $22,774,727.50. Neither trade was executed under a pre-arranged 10b5-1 trading plan. Post-transaction, Cohen directly owns 42,492,652 shares.
- Ryan Cohen purchased 844,130 shares for $22,774,727.50 total across two transactions.
- Transaction 1: 67,130 shares at $26.75; Transaction 2: 777,000 shares at $27.00.
- Cohen now owns 42,492,652 shares directly after the purchases.
- Neither transaction was executed under a 10b5-1 trading plan.
- Cohen serves as President, CEO, and Chairman — the highest-signal insider role.
Extended-hours trading shows GME at $27.98, up +2.79% from the $27.22 regular close, indicating the market is reacting positively to the CEO's $22.8M vote of confidence.
A sitting CEO/Chairman deploying $22.8M of personal capital with no automated trading plan is one of the strongest insider-confidence signals possible.
Large insider buys by a sitting CEO/Chairman in the meme-stock universe carry outsized signaling weight given retail investor focus on Cohen's conviction.
No 10b5-1 plan means these were discretionary buys, not automated — while bullish, it also means timing could be opportunistic rather than purely fundamental.
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