General Motors (NYSE: GM) chief exercises options, sells 71,079 shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 71,079 shares ($2.88M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Reuss Mark L
Role
President
Sold
71,079 shs ($6.39M)
Approx. gross sale proceeds
$6.39M
Approx. exercise cost
$3.52M
Approx. pre-tax spread
$2.88M
| 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 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 71,080 shares (Direct);
Common Stock — 92,293 shares (Direct)
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
Options exercised into shares: 71,079 shares
Exercise price: $49.46 per share
Shares sold: 71,079 shares
+3 more
6 metrics
Options exercised into shares
71,079 shares
Employee stock options for GM common stock exercised on 2026-07-28
Exercise price
$49.46 per share
Exercise price of employee stock options exercised by Mark L. Reuss
Shares sold
71,079 shares
GM common stock sold on 2026-07-28 following option exercise
Weighted average sale price
$89.97 per share
Weighted average selling price for 71,079 GM shares, with trades from $89.95 to $90.07
Remaining options after transaction
71,080 options
Total employee stock options reported as held after the option exercise
Option expiration date
2032-02-08
Expiration date of the fully vested employee stock options exercised and remaining
Key Terms
Employee Stock Option (Right to Buy), weighted average selling price, Rule 10b5-1, fully vested
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
weighted average selling price financial
"The price in Column 4 is the weighted average selling price"
Rule 10b5-1 regulatory
"Document-level checkbox indicates trades under a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
fully vested financial
"These stock options were granted on February 8, 2022 and are fully vested"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GM President Mark L. Reuss report?
Mark L. Reuss, President of General Motors (GM), exercised employee stock options for 71,079 shares at $49.46 per share and sold the same number of shares at a $89.97 weighted average price, with sales executed across a narrow price range of $89.95–$90.07.
What options did Mark L. Reuss exercise in this GM Form 4 filing?
He exercised 71,079 employee stock options for GM common stock at an exercise price of $49.46 per share. These options were granted on February 8, 2022, are fully vested, and are scheduled to expire on 2032-02-08.
Does Mark L. Reuss still hold General Motors stock options after this transaction?
Yes. After exercising some options, he reported holding 71,080 remaining employee stock options from this grant. These options, fully vested and expiring on 2032-02-08, continue to give him rights to acquire additional GM common shares in the future.