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General Motors (NYSE: GM) director discloses new deferred share unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

General Motors Co director files insider transaction report for deferred share units. A non-employee director reported two derivative transactions dated 12/31/2025 involving Deferred Share Units (DSUs) tied to General Motors common stock.

The first line shows an acquisition of 6,036 DSUs at a price of $0, with 64,017 derivative securities beneficially owned afterward. A second entry reports an additional 614 DSUs at $0, bringing the total to 64,631 DSUs beneficially owned directly.

According to the footnotes, DSU amounts will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of General Motors common stock during the quarter immediately before payment, and the 2025 dividends on DSUs were credited as additional DSUs at year-end.

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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).
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*
WENIG DEVIN

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
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
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
Deferred Share Units ("DSUs") (1) 12/31/2025 A 6,036 (1) (1) Common Stock 6,036 $0 64,017 D
Deferred Share Units ("DSUs")(2) (1) 12/31/2025 A 614 (1) (1) Common Stock 614 $0 64,631 D
Explanation of Responses:
1. Amounts credited as DSUs will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of the Company's Common Stock during the quarter immediately preceding payment.
2. Represents dividends accrued on DSUs in 2025 that were credited as additional DSUs at the end of the year.
Remarks:
/s/ Tia Y. Turk, attorney-in-fact for Mr. Wenig 01/05/2026
** 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 insider transaction did General Motors (GM) report in this Form 4?

The filing shows a non-employee director of General Motors Co (GM) acquired Deferred Share Units (DSUs) linked to GM common stock on 12/31/2025 as part of board-related compensation, reported as derivative securities.

How many Deferred Share Units did the GM director report acquiring?

The director reported two DSU acquisitions on 12/31/2025: one entry for 6,036 DSUs at $0, and a second entry for 614 DSUs at $0, each recorded as acquisitions under Table II.

What is the total number of General Motors DSUs held after these transactions?

Following the first DSU acquisition, the director beneficially owned 64,017 derivative securities, and after the second DSU credit the total beneficial ownership increased to 64,631 DSUs, all held as direct ownership.

How and when will the GM director’s Deferred Share Units be paid out?

The footnotes state that DSU amounts will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of General Motors common stock during the quarter immediately preceding the payment date.

What do the additional 614 GM DSUs reported represent?

According to the explanation of responses, the 614 DSUs represent dividends accrued on DSUs in 2025 that were credited as additional DSUs at year-end, rather than being paid out in cash at that time.

Is this GM Form 4 filed by one or multiple reporting persons?

The form indicates it is filed by one reporting person, who is identified as a director of General Motors Co and not as a 10% owner or officer in this filing.

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