General Motors president sells 71,079 shares
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Rhea-AI Filing Summary
General Motors President Mark L. Reuss exercised employee stock options to acquire 71,079 shares of common stock at an exercise price of $49.46 per share, then sold the same number of shares at a $89.97 weighted average price (range $89.95–$90.07) under a Rule 10b5-1 trading plan.
Following the option exercise, he reported holding 71,080 stock options from this grant, which is fully vested and expires on 2032-02-08.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F2 | 71,079 | $0.00 | $0.00 |
| Exercise | Common Stock | 71,079 | $49.46 | $3.52M |
| Sale | Common Stock F1 | 71,079 | $89.97 | $6.39M |
Footnotes (2)
- F1. The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $89.95 to $90.07, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
- F2. These stock options were granted on February 8, 2022 and are fully vested.
Key Figures
Key Terms
Employee Stock Option (Right to Buy) financial
weighted average selling price financial
Rule 10b5-1 regulatory
fully vested financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GM President Mark L. Reuss report?
What options did Mark L. Reuss exercise in this GM Form 4 filing?
Does Mark L. Reuss still hold General Motors stock options after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.