Francesca Cornelli - 31 Dec 2025 Form 4 Insider Report for GCM Grosvenor Inc. (GCMG)

Role: Director
Signature: /s/ Burke Montgomery, Attorney-in-Fact
Issuer symbol: GCMG
Transactions as of: 31 Dec 2025
Net transactions value: +$73,761
Form type: 4
Filing time: 02 Jan 2026, 16:15:20 UTC
Previous filing: 01 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cornelli Francesca	Director	C/O GCM GROSVENOR INC., 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO	/s/ Burke Montgomery, Attorney-in-Fact	02 Jan 2026	0001831818

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GCMG	Class A Common Stock	Options Exercise		+2,395	+6.6%		38,709	31 Dec 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GCMG	Restricted Stock Units	Options Exercise	$0	-2,395	-12%	$0.000000	16,932	31 Dec 2025	Class A Common Stock	2,395		Direct	F1, F2
transaction	GCMG	Restricted Stock Units	Award	$73,761	+6,516	+38%	$11.32	23,448	31 Dec 2025	Class A Common Stock	6,516		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award of Restricted Stock Units ("RSUs") was granted on December 31, 2024 pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan, in lieu of partial quarterly cash compensation at the election of the Reporting Person, and was fully vested as of the date of grant. 2,395 shares of Class A Common Stock of the Issuer were delivered to the Reporting Person in settlement of this award on December 31, 2025.
F2	Each RSU represents the contingent right to receive one share of Class A Common Stock of the Issuer.
F3	An award of 6,516 RSUs was granted on December 31, 2025 pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and is fully vested as of the date of grant. For 6,516 RSUs granted on December 31, 2025, 6,111 RSUs granted on September 30, 2025, 6,380 RSUs granted on June 30, 2025 and 4,441 RSUs granted on March 31, 2025, shares of Class A Common Stock in settlement of vested RSUs will be delivered upon the earliest to occur of December 15, 2027, a "change in control event" of the Issuer or the Reporting Person's death or disability.