Sandra Hurse, Chief Hr Officer at GCM Grosvenor (NASDAQ:GCMG), reported a large insider sell on September 12, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Hurse sold 37,532 shares of GCM Grosvenor. The total transaction amounted to $295,510.
GCM Grosvenor shares are trading down 1.5% at $7.89 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to ...