[Form 4] General Motors Co Insider Trading Activity

Rhea-AI Filing Summary

Harvey Rory, an Executive Vice President at General Motors Co (GM), exercised employee stock options and simultaneously sold the resulting shares. On 09/12/2025 he exercised 4,459 options with a $49.46 exercise price, creating 4,459 common shares, and sold 4,459 shares at $59.95 per share. The filing notes these options were granted on 02/08/2022 and are fully vested. Following these transactions, the reporting person beneficially owned 8,513 shares of GM common stock. The form indicates the trade was made pursuant to a 10b5-1 plan.

Positive

• Transaction executed under a 10b5-1 plan, providing an affirmative defense to insider trading allegations
• Options were fully vested (granted 02/08/2022), indicating routine exercise rather than acceleration

Negative

• Officer sold 4,459 shares, reducing insider shareholding which may be interpreted negatively by some investors

Insights

Financial Analyst

TL;DR: Insider exercised vested options and sold the same number of shares under a 10b5-1 plan; holdings changed but no new derivatives remain.

The reporting person exercised 4,459 employee stock options at a $49.46 exercise price and sold 4,459 resulting shares at $59.95 on 09/12/2025. The options were granted 02/08/2022 and are fully vested, and the derivative table shows zero remaining employee stock options after the transaction. The filing flags the transaction as executed pursuant to a 10b5-1 plan, which provides an affirmative defense to insider trading charges when conditions are met. For investors, this is a routine liquidity event by an officer rather than an operational disclosure.

Corporate Governance Expert

TL;DR: Officer sale followed a prearranged 10b5-1 plan; disclosure is standard and reduces governance concerns if plan timing is compliant.

The form identifies the reporter as an Executive Vice President and marks the transaction as pursuant to a contract or plan intended to meet Rule 10b5-1(c) conditions. The clear disclosure of grant date (02/08/2022), full vesting status, exercise price ($49.46) and sale price ($59.95) supports transparency. From a governance perspective, the documented use of a 10b5-1 plan and the fact that the options were fully vested on exercise mitigate common concerns about opportunistic insider timing, assuming the plan was established in compliance with company policies.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harvey Rory

(Last) (First) (Middle)

300 RENAISSANCE CENTER

M/C: 482-C24-A68

(Street)

DETROIT MI 48265

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
General Motors Co [ GM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/12/2025		M		4,459	A	$49.46	12,972	D
Common Stock	09/12/2025		S		4,459	D	$59.95	8,513	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$49.46	09/12/2025		M			4,459	(1)	02/08/2032	Common Stock	4,459	$0	0	D

Explanation of Responses:

1. These stock options were granted on February 8, 2022 and are fully vested.

Remarks:

	/s/ Tia Y. Turk, Attorney-in-Fact for Mr. Harvey	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did GM Executive Vice President Harvey Rory do on 09/12/2025?

He exercised 4,459 employee stock options at a $49.46 exercise price and sold 4,459 shares at $59.95 per share.

Were the options exercised by Harvey Rory vested?

Yes. The filing states the options were granted on 02/08/2022 and are fully vested.

How many GM shares does Harvey Rory beneficially own after these transactions?

The filing reports he beneficially owned 8,513 shares of GM common stock following the reported transactions.

Was the sale part of a prearranged trading plan?

Yes. The form is checked to indicate the transaction was made pursuant to a 10b5-1 plan.

What were the exercise and sale prices reported?

The exercise price was $49.46 per share and the sale price was $59.95 per share.