GCM Grosvenor Inc.
GCMG · Investment Advice · 42.3M shares · EDGAR filings ↗
Net buyback after stock comp: -$46M (gross $4M, SBC $51M)
Reference price $11.73 · est. market cap ~$496M — last insider sale, 2026-02-27 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66GCM Grosvenor — alternatives-focused asset manager with distorted GAAP metrics.
Strengths
- Operating margin 24% (73rd pct), strong FCF (77th); growing fee-earning AUM
Risks
- Extreme reported leverage and ROE artifacts (Up-C structure)
- Fundraising and market sensitivity
Notable findings
- High leverageHigh leverage (debt/equity 15.87)
- Revenue declineRevenue -29.5% YoY
- Insider sellingInsider selling — 2 open-market sale(s) by 1 insider(s) (~$488,816, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
23.9%
Net margin
8.1%
Return on equity
168.1%
Return on assets
5.6%
ROIC
23.1%
Revenue growth (QoQ)
-29.5%
Net-income growth
142.7%
Debt / equity
15.9×
Net debt / EBITDA
1.4×
Free cash flow
$175M
EBITDA
$138M
Tangible book value
-$2M
Cash & investments
$242M
Stock comp / revenue
8.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-31 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 9.1K | — |
| 2026-05-31 | SULLIVAN KATHLEEN PATRICIA | Tax withheld | 15K | $10.63 |
| 2026-05-31 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 12K | — |
| 2026-05-31 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 12K | — |
| 2026-05-31 | Pollock Frederick | Option exercise | 25K | — |
| 2026-05-31 | Pollock Frederick | Tax withheld | 9.8K | $10.63 |
| 2026-05-31 | Levin Jonathan Reisin | Option exercise | 25K | — |
| 2026-05-31 | Levin Jonathan Reisin | Option exercise | 24K | — |
| 2026-05-31 | Levin Jonathan Reisin | Option exercise | 50K | — |
| 2026-05-31 | Levin Jonathan Reisin | Tax withheld | 45K | $10.63 |
| 2026-05-31 | Bentley Pamela L | Option exercise | 17K | — |
| 2026-05-31 | Bentley Pamela L | Option exercise | 16K | — |
| 2026-05-31 | Bentley Pamela L | Option exercise | 12K | — |
| 2026-05-31 | Bentley Pamela L | Tax withheld | 20K | $10.63 |
| 2026-05-19 | SULLIVAN KATHLEEN PATRICIA | Gift | 1.0K | — |
| 2026-05-18 | SULLIVAN KATHLEEN PATRICIA | Gift | 1.5K | — |
| 2026-04-15 | Bentley Pamela L | Tax withheld | 30K | $10.88 |
| 2026-04-15 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 8.0K | — |
| 2026-04-15 | SULLIVAN KATHLEEN PATRICIA | Tax withheld | 9.5K | $10.88 |
| 2026-04-15 | Bentley Pamela L | Option exercise | 27K | — |
| 2026-03-31 | Cornelli Francesca | Grant | 7.5K | $9.80 |
| 2026-03-11 | SULLIVAN KATHLEEN PATRICIA | Gift | 1.6K | — |
| 2026-03-02 | Pollock Frederick | Tax withheld | 40K | $11.70 |
| 2026-03-01 | Pollock Frederick | Option exercise | 50K | — |
| 2026-03-01 | Pollock Frederick | Option exercise | 50K | — |
| 2026-03-01 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 13K | — |
| 2026-03-01 | Bentley Pamela L | Option exercise | 40K | — |
| 2026-02-27 | Blanton Angela | Sell | 1.9K | $11.73 |
| 2026-02-26 | Blanton Angela | Sell | 39K | $11.88 |
| 2026-02-18 | GCM Grosvenor Inc. | Option exercise | 11K | — |
| 2026-01-15 | Blanton Angela | Option exercise | 87K | — |
| 2025-12-31 | Cornelli Francesca | Option exercise | 2.4K | — |
| 2025-12-17 | Bentley Pamela L | Sell | 40K | $11.62 |
| 2025-12-16 | Bentley Pamela L | Sell | 40K | $11.61 |
| 2025-12-02 | SULLIVAN KATHLEEN PATRICIA | Gift | 2.0K | — |
| 2025-11-14 | Sacks Michael Jay | Option exercise | 900K | $11.50 |
| 2025-11-14 | Sacks Michael Jay | Other | 893K | $11.59 |
| 2025-10-06 | LUTNICK HOWARD W | Sell | 6.5M | — |
| 2025-09-30 | Cornelli Francesca | Option exercise | 2.6K | — |
| 2025-08-15 | Pollock Frederick | Tax withheld | 21K | $12.89 |
| 2025-08-15 | Levin Jonathan Reisin | Option exercise | 79K | — |
| 2025-08-15 | Levin Jonathan Reisin | Tax withheld | 37K | $12.89 |
| 2025-08-15 | Pollock Frederick | Option exercise | 52K | — |
| 2025-08-12 | SULLIVAN KATHLEEN PATRICIA | Sell | 6.0K | $13.02 |
| 2025-07-25 | GCM Grosvenor Inc. | Sell | 4.2M | $47.75 |
| 2025-07-25 | GCM Grosvenor Inc. | Sell | 565K | $47.75 |
| 2025-07-25 | GCM Grosvenor Inc. | Sell | 60K | $47.75 |
| 2025-06-28 | Cornelli Francesca | Option exercise | 3.0K | — |
| 2025-06-02 | Blanton Angela | Sell | 14K | $12.65 |
| 2025-05-31 | Pollock Frederick | Tax withheld | 9.8K | $12.61 |
| 2025-05-31 | Levin Jonathan Reisin | Option exercise | 25K | — |
| 2025-05-31 | Levin Jonathan Reisin | Option exercise | 24K | — |
| 2025-05-31 | Levin Jonathan Reisin | Tax withheld | 22K | $12.61 |
| 2025-05-31 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 12K | — |
| 2025-05-31 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 12K | — |
| 2025-05-31 | SULLIVAN KATHLEEN PATRICIA | Tax withheld | 11K | $12.61 |
| 2025-05-31 | Buchanan Sandra M | Option exercise | 13K | — |
| 2025-05-31 | Buchanan Sandra M | Option exercise | 13K | — |
| 2025-05-31 | Buchanan Sandra M | Tax withheld | 13K | $12.61 |
| 2025-05-31 | Bentley Pamela L | Option exercise | 17K | — |
| 2025-05-31 | Bentley Pamela L | Option exercise | 16K | — |
| 2025-05-31 | Bentley Pamela L | Tax withheld | 15K | $12.61 |
| 2025-05-31 | Pollock Frederick | Option exercise | 25K | — |
| 2025-05-12 | Sacks Michael Jay | Conversion | 2.6M | — |
| 2025-05-12 | SULLIVAN KATHLEEN PATRICIA | Gift | 2.5K | — |
| 2025-05-12 | Sacks Michael Jay | Other | 2.6M | — |
| 2025-05-12 | Sacks Michael Jay | Other | 2.6M | — |
| 2025-04-15 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 4.4K | — |
| 2025-04-15 | SULLIVAN KATHLEEN PATRICIA | Tax withheld | 8.1K | $12.61 |
| 2025-04-15 | SULLIVAN KATHLEEN PATRICIA | Disposition | 2.6K | $12.61 |
| 2025-04-15 | Hurse Sandra | Option exercise | 8.6K | — |
| 2025-04-15 | Hurse Sandra | Tax withheld | 15K | $12.61 |
| 2025-04-15 | Hurse Sandra | Disposition | 20K | $12.61 |
| 2025-04-15 | Bentley Pamela L | Option exercise | 15K | — |
| 2025-04-15 | Bentley Pamela L | Tax withheld | 24K | $12.61 |
| 2025-04-15 | Bentley Pamela L | Disposition | 22K | $12.61 |
| 2025-03-28 | Cornelli Francesca | Option exercise | 3.0K | — |
| 2025-03-01 | Pollock Frederick | Option exercise | 50K | — |
| 2025-03-01 | Pollock Frederick | Tax withheld | 13K | $13.84 |
| 2025-03-01 | SULLIVAN KATHLEEN PATRICIA | Option exercise | 14K | — |
| 2025-03-01 | Bentley Pamela L | Option exercise | 38K | — |
| 2025-03-01 | Hurse Sandra | Option exercise | 33K | — |
| 2025-02-13 | GCM Grosvenor Inc. | Option exercise | 4.8K | — |
| 2024-12-30 | Cornelli Francesca | Option exercise | 3.9K | — |
| 2024-12-30 | MASTERS BLYTHE | Option exercise | 8.0K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-09 | 0001213900-26-068263 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001819796-26-000019 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001819796-26-000024 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001819796-26-000010 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001819796-26-000003 ↗ |
| 8-K | 2025-11-18 | 2025-11-17 | 0001213900-25-111690 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001819796-25-000023 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001819796-25-000025 ↗ |
| 8-K | 2025-10-15 | 2025-10-15 | 0001819796-25-000021 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001819796-25-000015 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001819796-25-000018 ↗ |
| 8-K | 2025-07-14 | 2025-07-09 | 0001213900-25-063717 ↗ |