GameStop's chief executive buys $22.77 million of the company's shares

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.

Ryan Cohen, GameStop's president, chief executive and chairman, bought 844,130 shares of its Class A common stock on Oct 13, 2026, for $22.77 million. He reported the trades the same day on a Form 4, the filing in which a company's insiders, such as its directors and officers, tell the US Securities and Exchange Commission about their trades in its stock.1^,2^,3^,4^,5^,6^,7^,8

The form lists two purchases: 67,130 shares at $26.75 and 777,000 shares at $27.00, an average of $26.98 a share. Both lines are held directly, and after the last line the form shows 42,492,652 Class A shares held directly by Cohen. The form's Rule 10b5-1 box, which marks trades made under a pre-arranged trading plan, is not ticked: the filing marks neither line as made under such a plan, and the box is one answer for the whole form, not for a single line.9^,10^,11^,12^,13^,14^,15^,7^,16^,17^,18

In the 12 months to the end of Oct 13, 2026, six Form 4s that list Cohen as first reporting owner report open-market purchases, totalling $118.55 million, and every line in them is held directly. The earlier filings report purchases of $21.36 million, $20.38 million, $26.39 million, $10.56 million and $17.08 million, with first trades on Jan 20, Sep 10, Sep 21, Sep 29 and Oct 2. Across GameStop's insiders, Form 4s in the same 12 months report open-market purchases of $121.16 million in 14 filings and open-market sales of $2.18 million in 11 filings.19^,20^,21^,22^,23^,24^,25^,26^,27^,28^,29^,30^,31^,32^,33^,34

GameStop's 10-Q, its quarterly report, was filed on Sep 9: for the quarter from May 3 to Aug 1, 2026 it shows revenue of $790.2 million, operating income of $160.2 million and net income of $298.7 million. Separately, GameStop's filings include Form 425s, a form for written communications about a business combination, and the filing index of the ones filed on Jun 22 and Jul 20, 2026 names eBay as the other party.35^,36^,37^,38^,39^,40^,41^,42^,43

We have not read this form's footnotes, which can give a trading plan or a reason for a purchase, because the filing was read before we kept them. So on a trading plan our records hold only the unticked box, which answers for the whole form and not for a single line. Among the Form 4s we hold that list Cohen as first reporting owner, none reports open-market sales in the 12 months to the end of Oct 13, 2026.44^,45^,16^,17^,18^,46^,47