General Motors Co (NYSE: GM) EVP converts 95,951 RSUs, withholds 48,820 shares
Rhea-AI Filing Summary
General Motors Co executive vice president Sterling Anderson reported equity compensation activity on July 29, 2026. He converted 95,951 restricted stock units into an equal number of common shares, and 48,820 shares were withheld at $89.40 per share to satisfy exercise price or tax liabilities. The Rule 10b5-1 checkbox was left unchecked, so these trades were not reported as made under a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 47,131 shares
Net Buy
3 txns
Insider
Anderson Sterling
Role
Exective Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3, F4 | 95,951 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 95,951 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 48,820 | $89.40 | $4.36M |
Holdings After Transaction:
Restricted Stock Units — 95,951 shares (Direct);
Common Stock — 59,853 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis.
- F2. The RSUs do not have a conversion or exercise price. Upon vesting, they will be settled in shares of the Company's common stock on a one-for-one basis.
- F3. Of these RSUs, one-half vested on July 29, 2026, and the remaining one-half will vest on July 29, 2027.
- F4. The RSUs do not have a date on which they will expire. They will be fully settled on July 29, 2027.
Key Figures
RSUs converted: 95,951 units
Common shares acquired: 95,951 shares
Shares withheld for exercise/taxes: 48,820 shares
+1 more
4 metrics
RSUs converted
95,951 units
Restricted Stock Units converted into common stock on July 29, 2026
Common shares acquired
95,951 shares
Common Stock received from RSU conversion on July 29, 2026
Shares withheld for exercise/taxes
48,820 shares
Common Stock withheld to pay exercise price or tax liability under code F
Withholding price
$89.40 per share
Per-share value for Common Stock withheld under transaction code F
Key Terms
Restricted Stock Units, exercise or conversion of derivative security, tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
tax liability by delivering or withholding securities financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GM (GM) executive Sterling Anderson report in this Form 4 filing?
Sterling Anderson, a GM executive vice president, reported equity compensation activity dated July 29, 2026. He converted 95,951 restricted stock units into common stock and had 48,820 shares withheld at $89.40 per share to satisfy exercise price or tax obligations.
Were Sterling Anderson's GM (GM) transactions made under a Rule 10b5-1 plan?
The transactions were not reported as made under a Rule 10b5-1 trading plan. The Form 4’s Rule 10b5-1 checkbox is left unchecked, indicating no affirmative assertion that these trades occurred pursuant to a pre-arranged trading plan.
What is the conversion ratio of Sterling Anderson's GM (GM) restricted stock units?
Each restricted stock unit converts into one share of GM common stock. The footnotes specify that RSUs are settled on a one-for-one basis, meaning 95,951 RSUs resulted in the issuance of 95,951 GM common shares upon conversion.