Mary Barra (GM) Exercises Options and Sells 29,486 Shares; 2019 Grants Fully Vested

Rhea-AI Filing Summary

Mary T. Barra, Chair & CEO of General Motors Co (GM), reported option exercise and share sale on 09/12/2025. She acquired 29,486 shares through the exercise of employee stock options at a $39 exercise price and simultaneously sold 29,486 shares at a weighted average price of $59.92. The filing notes the exercise relates to options granted on February 13, 2019, which are fully vested. The report also states 81,289 shares were returned to Ms. Barra upon completion of a final GRAT annuity as previously disclosed. After the transactions, the filing shows beneficial ownership figures of 663,013 shares (after the acquisition) and 633,527 shares (after the sale), and 205,514 derivative securities remaining outstanding.

Positive

• Exercise and sale were executed on the same date, indicating a coordinated liquidity event
• Sale price materially exceeded the $39 exercise price (weighted average sale $59.92), implying realized value

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO exercised vested options and sold the same number of shares, realizing value above exercise price; holdings remain substantial.

The filing documents a routine executive liquidity event: 29,486 options exercised at a $39 strike and an equal number of shares sold at a weighted average of $59.92 on 09/12/2025, implying proceeds materially above the exercise cost per share. The options were granted in 2019 and are fully vested, and the report confirms the reporting person retains significant direct and derivative ownership: 633,527 shares after sale and 205,514 options outstanding. The filing additionally records distribution of 81,289 shares from a GRAT settlement previously disclosed. This is a transactional disclosure rather than a change in corporate strategy or governance.

Corporate Governance Expert

TL;DR: Transaction appears compliant and routine; signature filed by attorney-in-fact and includes required explanatory footnotes.

The Form 4 contains standard disclosures including transaction codes, weighted average sale price range, and an explanatory footnote regarding a GRAT distribution. The signature is by an attorney-in-fact, and the filer indicates the sale was executed pursuant to a written plan condition (checked box referencing Rule 10b5-1(c)), which supports affirmative-defense disclosure. There are no disclosures of new grants, departures, or governance changes in this filing.

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^*

Barra Mary T

(Last) (First) (Middle)

300 RENAISSANCE CENTER

M/C: 482-C24-A68

(Street)

DETROIT MI 48265-3000

(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
X	Officer (give title below)		Other (specify below)
	Chair & CEO

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		29,486	A	$39	663,013(1)	D
Common Stock	09/12/2025		S		29,486	D	$59.92(2)	633,527	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)	$39	09/12/2025		M			29,486	(3)	02/13/2029	Common Stock	29,486	$0	205,514	D

Explanation of Responses:

1. The amount of securities beneficially owned includes the distribution of 81,289 shares returned to the reporting person upon completion of the final GRAT annuity, as previously noted on the reporting person's Form 4 filing on August 29, 2025.

2. The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $59.90 to $60.00, 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.

3. These stock options were granted on February 13, 2019, and are fully vested.

Remarks:

	/s/ Tia Y. Turk, Attorney-In-Fact for Ms. Barra	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 transactions did Mary T. Barra report on Form 4 for GM (GM)?

She exercised 29,486 employee stock options at $39 each and sold 29,486 shares at a weighted average price of $59.92 on 09/12/2025.

How many shares does Mary T. Barra beneficially own after the reported transactions?

The filing shows 663,013 shares after the acquisition entry and 633,527 shares after the sale entry; 205,514 derivative securities remain outstanding.

Were the options exercised by Ms. Barra vested and when were they granted?

Yes. The options were granted on February 13, 2019, and are fully vested per the filing.

Did the Form 4 disclose any other stock movements related to trusts or annuities?

Yes. The filing notes a distribution of 81,289 shares returned to Ms. Barra upon completion of a final GRAT annuity, as previously reported.

Was the sale executed under a trading plan or pursuant to Rule 10b5-1?

The filer checked the box indicating the transaction was made pursuant to a contract, instruction or written plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.