GameStop CEO Ryan Cohen purchased 1,000,000 shares of Class A common stock on September 10, 2026. The transaction was valued at approximately $20.38 million, with a weighted average price of $20.3759 per share.
Following this acquisition, Cohen's direct beneficial ownership reached 39,347,842 shares. When including 3,734,784 shares derived from warrants, his total stake amounts to roughly 43.08 million shares, representing about 8.5% of the company's 504.5 million total shares.
Cohen has consistently used personal funds to purchase shares on the open market. In April 2025, he acquired 500,000 shares at $21.55 each, followed by a purchase of 1 million shares in January 2026 at $21.36 per share.
The CEO has proposed a new compensation package that requires shareholder approval. This plan ties future awards to performance milestones, specifically targeting a market capitalization of $100 billion for GameStop, compared to the current valuation of approximately $10 billion.
