Spencer Davidson insider trades: General American Investors (GAM) stock buys and sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Spencer reports to the SEC
Open-market buys and sales
119 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Sep 23, 2026 | GAM | ↑ Buy | 10,000 | $22.75 | $228K | Direct | Sep 24, 2026 (1d) |
| Dec 8, 2025 | GAM | ↑ Buy | 2,000 | $25.04 | $50K | Direct | Dec 9, 2025 (1d) |
| Nov 25, 2025 | GAM | ↑ Buy | 5,321 | $24.98 | $133K | Direct | Nov 25, 2025 (0d) |
| Nov 18, 2025 | GAM | ↑ Buy | 1,462 | $24.98 | $37K | Direct | Nov 19, 2025 (1d) |
| Nov 14, 2025 | GAM | ↑ Buy | 5,868 | $24.98 | $147K | Direct | Nov 17, 2025 (3d) |
| Nov 13, 2025 | GAM | ↑ Buy | 20,251 | $24.98 | $506K | Direct | Nov 13, 2025 (0d) |
| Nov 7, 2025 | GAM | ↑ Buy | 21,610 | $25.00 | $540K | Direct | Nov 10, 2025 (3d) |
| Nov 6, 2025 | GAM | ↑ Buy | 347 | $24.98 | $9K | Direct | Nov 6, 2025 (0d) |
| Nov 4, 2025 | GAM | ↑ Buy | 1,736 | $24.98 | $43K | Direct | Nov 5, 2025 (1d) |
| Oct 31, 2025 | GAM | ↑ Buy | 2,657 | $24.98 | $66K | Direct | Oct 31, 2025 (0d) |
| Oct 30, 2025 | GAM | ↑ Buy | 11,205 | $24.98 | $280K | Direct | Oct 30, 2025 (0d) |
| Oct 24, 2025 | GAM | ↑ Buy | 7,208 | $24.98 | $180K | Direct | Oct 24, 2025 (0d) |
| Oct 20, 2025 | GAM | ↑ Buy | 789 | $24.97 | $20K | Direct | Oct 21, 2025 (1d) |
| May 8, 2025 | GAM | ↓ Sell | 17,400 | $24.82 | $432K | By Trusts | May 9, 2025 (1d) |
| Apr 1, 2025 | GAM | ↓ Sell | 11,199 | $24.83 | $278K | By Trusts | Apr 1, 2025 (0d) |
| May 24, 2023 | GAM | ↓ Sell | 1 | $25.71 | $26 | By Trusts | May 25, 2023 (1d) |
| May 6, 2022 | GAM | ↑ Buy | 5,000 | $26.00 | $130K | Direct | May 9, 2022 (3d) |
| Oct 12, 2020 | GAM | ↓ Sell | 7,500 | $27.66 | $207K | By Trusts | Oct 13, 2020 (1d) |
| Jan 24, 2020 | GAM | ↓ Sell | 40 | $27.94 | $1K | By Trusts | Jan 24, 2020 (0d) |
| Sep 5, 2019 | GAM | ↓ Sell | 400 | $26.82 | $11K | By Trusts | Oct 15, 2019 (40d) |
| Apr 23, 2018 | GAM | ↓ Sell | 1,400 | $33.96 | $48K | By Trusts | Apr 25, 2018 (2d) |
| Apr 20, 2018 | GAM | ↓ Sell | 1,011 | $33.85 | $34K | By Trusts | Apr 23, 2018 (3d) |
| Apr 18, 2018 | GAM | ↓ Sell | 4,100 | $34.25 | $140K | By Trusts | Apr 19, 2018 (1d) |
| Dec 20, 2017 | GAM | ↑ Buy | 1,300 | $34.13 | $44K | Direct | Dec 21, 2017 (1d) |
| Dec 18, 2017 | GAM | ↑ Buy | 5,800 | $34.14 | $198K | Direct | Dec 18, 2017 (0d) |
| Dec 14, 2017 | GAM | ↑ Buy | 1,800 | $33.70 | $61K | Direct | Dec 14, 2017 (0d) |
| Dec 13, 2017 | GAM | ↑ Buy | 400 | $33.83 | $14K | Direct | Dec 14, 2017 (1d) |
| Apr 6, 2017 | GAM | ↓ Sell | 8,000 | $33.53 | $268K | By Trusts | Apr 7, 2017 (1d) |
| Apr 5, 2017 | GAM | ↓ Sell | 700 | $33.52 | $23K | By Trust | Apr 7, 2017 (2d) |
| Apr 4, 2017 | GAM | ↓ Sell | 4,292 | $33.44 | $144K | By Trusts | Apr 5, 2017 (1d) |
| Mar 31, 2017 | GAM | ↓ Sell | 33,523 | $33.50 | $1.1M | By Trusts | Mar 31, 2017 (0d) |
| Mar 28, 2017 | GAM | ↓ Sell | 3,588 | $33.60 | $121K | By Trusts | Mar 30, 2017 (2d) |
| Mar 27, 2017 | GAM | ↓ Sell | 2,455 | $33.20 | $82K | By Trusts | Mar 28, 2017 (1d) |
| Mar 17, 2017 | GAM | ↓ Sell | 2,300 | $33.60 | $77K | By Trusts | Mar 20, 2017 (3d) |
| Mar 16, 2017 | GAM | ↓ Sell | 9,450 | $33.48 | $316K | By Trusts | Mar 17, 2017 (1d) |
| Mar 13, 2017 | GAM | ↓ Sell | 6,000 | $33.37 | $200K | By Trusts | Mar 14, 2017 (1d) |
| Feb 2, 2017 | GAM | ↓ Sell | 400 | $32.50 | $13K | By Trusts | Feb 3, 2017 (1d) |
| Dec 9, 2016 | GAM | ↑ Buy | 11,113 | $25.97 | $289K | Direct | Dec 12, 2016 (3d) |
| Nov 21, 2016 | GAM | ↑ Buy | 377 | $25.97 | $10K | Direct | Nov 22, 2016 (1d) |
| Oct 26, 2016 | GAM | ↓ Sell | 2,000 | $31.77 | $64K | By Trusts | Oct 27, 2016 (1d) |
| Oct 24, 2016 | GAM | ↓ Sell | 6,000 | $31.90 | $191K | By Trusts | Oct 26, 2016 (2d) |
| Oct 10, 2016 | GAM | ↓ Sell | 10,619 | $32.59 | $346K | By Trusts | Oct 12, 2016 (2d) |
| Sep 23, 2016 | GAM | ↓ Sell | 6,300 | $32.90 | $207K | By Trusts | Sep 26, 2016 (3d) |
| Sep 16, 2016 | GAM | ↓ Sell | 1,900 | $32.30 | $61K | By Trusts | Sep 20, 2016 (4d) |
| Sep 2, 2016 | GAM | ↑ Buy | 4,951 | $26.85 | $133K | Direct | Sep 6, 2016 (4d) |
| Aug 18, 2016 | GAM | ↓ Sell | 20,000 | $33.02 | $660K | By Trusts | Aug 19, 2016 (1d) |
| Jun 23, 2016 | GAM | ↓ Sell | 25,600 | $31.26 | $800K | By Trusts | Jun 24, 2016 (1d) |
| Jun 13, 2016 | GAM | ↓ Sell | 3,200 | $31.11 | $100K | By Trusts | Jun 14, 2016 (1d) |
| May 24, 2016 | GAM | ↓ Sell | 14,600 | $30.83 | $450K | By Trusts | May 26, 2016 (2d) |
| May 16, 2016 | GAM | ↓ Sell | 400 | $30.65 | $12K | By Trusts | May 18, 2016 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
Other GAM insiders
Open-market trades in the last 12 months
About Spencer Davidson's insider trades
Spencer Davidson is an insider at General American Investors (GAM). Since May 4, 2005, Spencer has reported 34 open-market purchases worth $6.0M and 85 sales worth $19.9M on SEC Form 4. In the last 12 months: 8 buys ($1.6M).
Their filings also include grants and awards (8 filings), shares returned to the company (2 filings), other transactions (1 filing), option exercises (1 filing). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every GAM insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.