GM (NYSE) Rule 144 notice; Rory Harvey sold 5,652 shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Issuer GM listed a Rule 144 notice for proposed sales of 79,494 shares. The filing also records a 10b5-1 sale by Rory Harvey of 5,652 shares on 05/22/2026 for $449,729.64. The securities category is Performance Stock Units dated 02/07/2026.
Positive
- None.
Negative
- None.
Insights
Routine Rule 144 notice and an executed 10b5-1 sale are disclosed.
The filing lists a Rule 144 registration/notice for 79,494 shares tied to Performance Stock Units dated 02/07/2026. It separately records a brokered 10b5-1 sale of 5,652 shares on 05/22/2026 for $449,729.64.
These items are transactional and administrative: cash‑flow treatment and any remaining holder positions are not stated in the excerpt. Subsequent filings or broker reports would show settlement details if relevant.
Key Figures
Registered/Notice shares: 79,494 shares
10b5-1 sale shares: 5,652 shares
Proceeds from 10b5-1 sale: $449,729.64
+2 more
5 metrics
Registered/Notice shares
79,494 shares
Rule 144 notice (listed in filing)
10b5-1 sale shares
5,652 shares
Sale executed on 05/22/2026 by Rory Harvey
Proceeds from 10b5-1 sale
$449,729.64
Proceeds reported for sale on 05/22/2026
Performance Stock Units date
02/07/2026
Grant/award date listed for the securities
Filing/receipt date
05/27/2026
Date shown with issuer/security header
Key Terms
10b5-1, Rule 144, Performance Stock Units
3 terms
10b5-1 regulatory
"10b5-1 Sales for RORY HARVEY 1240 Woodward Avenue"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Rule 144 regulatory
"Securities To Be Sold Common ... Performance Stock Units"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Performance Stock Units | Issuer | 79494 | 02/07/2026"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
FAQ
What does GM's Form 144 disclose?
The Form 144 discloses a Rule 144 notice for 79,494 shares and a separate 10b5-1 sale of 5,652 shares executed on 05/22/2026 for $449,729.64.
Who executed the 10b5-1 sale shown in the filing?
The filing shows a 10b5-1 sale executed for Rory Harvey, with 5,652 shares sold on 05/22/2026 generating $449,729.64 in proceeds.
Does the filing state who receives proceeds from the sales?
The excerpt does not state the recipient of proceeds; it records the sale amounts and dates but does not specify whether the issuer or selling holder receives the sale proceeds.