General Motors 144 Filing: 907,024 Shares Planned Sale on 08/28/2025

Rhea-AI Filing Summary

Form 144 notice from General Motors Company (GM) reports a proposed sale of 907,024 shares of Common stock through Morgan Stanley Smith Barney LLC on 08/28/2025 with an aggregate market value of $53,287,660 and the NYSE listed as the exchange. The filing lists the acquisition details by lot: 607,024 shares from an exercise of stock options dated 08/28/2025 paid in cash, 236,466 shares from performance stock units dated 02/13/2017, 60,250 shares from restricted stock units dated 07/18/2011, and 3,284 shares from equity incentive compensation dated 07/18/2011. The filer certifies no undisclosed material adverse information and indicates no securities sold in the past three months.

Positive

• Full lot-level disclosure showing acquisition date, nature, and payment method for each tranche of shares
• Filer affirms no undisclosed material adverse information and includes standard Rule 144/10b5-1 references
• No reported sales of the issuer's securities by the filer in the prior three months

Negative

• Large proposed insider sale of 907,024 shares with an aggregate market value of $53,287,660, which may be viewed negatively by some investors
• Majority of shares (607,024) are from a same-day option exercise, indicating immediate post-exercise sale intent

Insights

Securities Analyst

TL;DR: Large insider sale notice: 907,024 shares (~$53.3M) planned for 08/28/2025; mixture of newly exercised and previously granted equity.

The filing documents a sizable Rule 144 notification for planned disposition on 08/28/2025 through Morgan Stanley. The lot-level detail shows 607,024 shares arising from a same-day option exercise paid in cash, while the balance comprises older equity awards from 2011 and 2017. No sales were reported in the prior three months, and the signer affirms no undisclosed material adverse information. For investors, the notice is a clear disclosure of an impending insider sale but contains no forward-looking statements or company operational details.

Corporate Governance Expert

TL;DR: Procedural compliance with Rule 144; detailed acquisition provenance provided for the shares to be sold.

The Form 144 supplies the required provenance and payment method for each lot, including a cash-paid option exercise dated the same day as the planned sale for a majority of the shares. Signature attestations regarding material information and 10b5-1 considerations are included in the remarks section. The notice adheres to disclosure norms but does not provide context on any trading plan adoption date or other governance controls beyond the standard representation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	907024	53287660.00	952077801	08/28/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/28/2025	Exercise of Stock Options	Issuer			607024	08/28/2025	Cash
Common	02/13/2017	Performance Stock Units	Issuer			236466	02/13/2017	N/A
Common	07/18/2011	Restricted Stock Units	Issuer			60250	07/18/2011	N/A
Common	07/18/2011	Equity Incentive Compensation	Issuer			3284	07/18/2011	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for GM (GM) report?

The form reports a proposed sale of 907,024 common shares on 08/28/2025 through Morgan Stanley with an aggregate market value of $53,287,660 on the NYSE.

What types of equity are being sold according to the filing?

The shares originate from four categories: an exercise of stock options (607,024 shares), performance stock units (236,466), restricted stock units (60,250), and equity incentive compensation (3,284).

Was payment made for the acquired securities and how?

For the stock option lot dated 08/28/2025, the filing lists cash as the payment method; other lots from 2011 and 2017 are listed as non-cash award types or N/A for payment.

Has the filer sold any GM securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Does the filing state any material undisclosed information about GM?

By signing, the person represents they do not know any material adverse information