GameStop CEO Ryan Cohen buys about $22.8 million of stock, lifting his stake to 9.1%

GameStop Chief Executive Ryan Cohen bought another 844,130 shares of the company on Tuesday, a purchase worth roughly $22.8 million, according to regulatory filings made after the market closed.

Cohen, who is also GameStop's president and chairman, bought 67,130 shares at $26.75 each and 777,000 shares at $27.00 each, his Form 4 shows. An amended Schedule 13D filed the same day says all of the purchases were made in the open market.

The buying leaves Cohen with 42,492,652 shares held directly. Counting 3,734,784 shares underlying warrants he received through GameStop's warrant dividend, he beneficially owns 46,227,436 shares, or about 9.1% of the company, the 13D amendment says.

The filing puts his aggregate purchase price for the directly held shares at about $225.4 million, excluding commissions, and says the shares were bought with personal funds, which may at times include margin loans from brokerage firms.

The Form 4 does not mark the trades as made under a Rule 10b5-1 trading plan. GameStop shares closed at $27.22 on Tuesday, little changed from Monday's close and just above the prices Cohen paid.

By the numbers

• Shares bought Oct. 13: 844,130
• Prices paid: $26.75 (67,130 shares) and $27.00 (777,000 shares)
• Approximate cost: $22.8 million
• Direct holdings after the trades: 42,492,652 shares
• Beneficial ownership including warrants: 46,227,436 shares, about 9.1%

Sources

1. GameStop Corp., Form 4 filed by Ryan Cohen, Oct. 13, 2026 (accession 0000921895-26-002784)
2. Ryan Cohen, Schedule 13D Amendment No. 21 regarding GameStop Corp., Oct. 13, 2026 (accession 0000921895-26-002783)

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.