[Form 4] General Motors Co Insider Trading Activity
Mark L. Reuss, President of General Motors Co. (GM), reported option exercises and open-market sales on September 24-25, 2025. He exercised a total of 80,000 employee stock options with a $39 exercise price (13,715 on 09/24 and 66,285 on 09/25). Concurrently, he sold a total of 163,030 shares in multiple transactions at weighted average prices of approximately $60.03 to $60.12 per share. After these transactions, he beneficially owned 131,036 shares and held 80,000 outstanding options exercisable through 02/13/2029. The filing discloses that the sales occurred in multiple tranches and provides weighted average prices and ranges for the transactions.
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Insights
TL;DR: Company officer exercised options and sold 163,030 shares, retaining 131,036 shares and 80,000 options; transactions appear routine.
From a trading-impact perspective, the filing shows option exercises followed by contemporaneous open-market sales that generated proceeds at roughly $60 per share. The exercises reflect use of vested employee options with a $39 strike, creating a realized gain per exercised-and-sold share of about $21. The remaining direct holdings of 131,036 shares and 80,000 exercisable options maintain continuing alignment with shareholder interests. The disclosure includes weighted-average sale prices and stated price ranges, and options remain exercisable through February 13, 2029.
TL;DR: Insider activity is fully disclosed; exercises and sales are documented and filings include price ranges and attorney-in-fact signature.
The Form 4 adheres to Section 16 reporting standards by listing each transaction, transaction codes, resulting beneficial ownership and the source of signature authority. The filing notes multiple sale prices within specified ranges and offers to provide detailed per-price sale allocations on request. The presence of an attorney-in-fact signature is documented. There are no indications of pledging, transfers to affiliates, or other complex indirect holdings in this filing.