GameStop's chief executive officer Ryan Cohen bought 1,000,000 shares for $20.38 million

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

GameStop's president, chief executive officer and chairman, Ryan Cohen, bought 1,000,000 shares of the company's stock (NYSE: GME) on Sep 10 at an average price of $20.38, a total of $20.38 million. A Form 4 filed with the SEC that day reports it; a Form 4 is the report that company insiders, such as officers and directors, file after they trade the company's stock.1^,2^,3^,4^,5^,6^,7^,8^,9

Cohen's later purchases include 1,150,680 shares worth $26.39 million on Sep 21, 450,000 shares worth $10.56 million on Sep 29 and 700,000 shares worth $17.08 million on Oct 2. Earlier in the year, on Jan 20, he bought 1,000,000 shares worth $21.36 million. Over the 12 months to Oct 8, 2026, 13 Form 4 filings by GameStop insiders reported open-market purchases, worth $98.39 million together, against 10 that reported sales worth $1.76 million.10^,11^,12^,13^,14^,15^,16^,17^,18^,19^,20^,21^,22^,23^,24^,4^,25^,26^,27^,28^,29^,30^,31^,32^,33

GameStop had announced its second-quarter results in an 8-K, the form a US-listed company uses to report news between its regular reports, on Sep 8, and filed its 10-Q, the quarterly report, on Sep 9, before the Sep 10 purchase. The 10-Q shows revenue of $790.2 million, operating income of $160.2 million and net income of $298.7 million for the quarter from May 3 to Aug 1, 2026. On Jun 2, GameStop announced that its board approved a new discretionary share repurchase authorization of $2.0 billion to replace the previous one. The authorization does not require the company to buy any shares.34^,35^,4^,36^,37^,38^,39^,40

The Form 4's footnotes, which can give the reason for a trade, are not read, so the purchases are not explained here. The insider totals count only the Form 4 filings read so far.9^,30