[144/A] General Motors Company SEC Filing
Form 144/A filed for General Motors (GM) notifies a proposed sale of 87,839 common shares through Goldman Sachs with an aggregate market value of $5,146,487.01, scheduled approximately for 08/29/2025 on the NYSE. The shares were acquired on 02/14/2020 as performance-award compensation from the issuer and payment was by compensation. The filing also discloses that Mary Teresa Barra sold 907,024 shares on 08/28/2025 for gross proceeds of $53,287,660. The filer certifies no undisclosed material adverse information and includes the standard Rule 144 representations.
- Compliance and transparency: The filer provides required Rule 144/A disclosures and the Rule 10b5-1 representation language.
- Source of shares disclosed: Shares were acquired as performance-award compensation, clarifying the origin of the securities.
- Material insider selling: A sale of 907,024 shares for $53,287,660 occurred on 08/28/2025, and an additional 87,839 shares (~$5.15M) are planned, which may be perceived negatively by some investors.
Insights
TL;DR: Insider sale filings show routine disposition of vested performance shares, with a recent large sale and an additional smaller planned sale.
The filing documents a proposed sale of 87,839 shares valued at about $5.15 million, acquired as performance-award compensation in February 2020, and executed through Goldman Sachs on the NYSE. It also reports a substantial prior sale of 907,024 shares generating $53.29 million in gross proceeds on 08/28/2025. These disclosures are required under Rule 144 and provide transparency on insider liquidity; they do not, on their face, disclose new company performance information or changes to underlying operating metrics.
TL;DR: Document is a compliant Rule 144/A notice showing insider sales of vested awards and required certifications.
The filing indicates shares were acquired as compensation and that the seller affirms no undisclosed material adverse information. The combination of a large recent sale and an additional planned sale is relevant to governance and insider trading oversight but, as presented, remains a routine disclosure of personal transactions under securities rules rather than a corporate action affecting governance structure.