GameStop CEO & Chairman Ryan Cohen Buys $22.77M in GME Shares

Insider Transaction Overview

On October 13, 2026, GameStop Corp. ($GME) President, CEO, and Chairman Ryan Cohen executed open-market purchases totaling 844,130 shares of Class A Common Stock across two transactions:

• Purchase 1: 67,130 shares at $26.75 per share (~$1,795,727.50)
• Purchase 2: 777,000 shares at $27.00 per share (~$20,979,000.00)

The aggregate capital committed in this filing was $22,774,727.50, at a volume-weighted average price of approximately $26.98 per share.

Impact on Ownership Structure

Following these open-market acquisitions, Ryan Cohen's direct ownership increased from 41,648,522 shares to 42,492,652 shares, representing an approximate 2.03% increase in his direct position.

Market & Trading Significance

• Direct Insider Commitment: Open-market purchases (Transaction Code P) funded with personal capital by the primary executive and board chair are widely regarded as one of the strongest bullish signals in equity analysis.
• Substantial Dollar Value: At over $22.7 million, this represents a meaningful liquidity deployment rather than routine compensation or incentive vesting.
• Absence of 10b5-1 Plan: The filing indicates that these transactions were not conducted under a Rule 10b5-1 predetermined trading plan (aff10b5One is marked 0), denoting discretionary open-market timing.