GM (NYSE: GM) CEO sells 23,000 shares after exercising stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Motors Chair and CEO Mary Barra reported an option-related share sale. On May 29, 2026, she exercised employee stock options to acquire 23,000 shares of GM common stock at $41.40 per share and then sold 23,000 shares in an open-market transaction at $85.00 per share. Following these transactions, she directly held 592,242 common shares, while her remaining employee stock options decreased to 192,766 options, which were originally granted on February 7, 2023 and are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 23,000 shares ($1,955,000)
Net Sell
3 txns
Insider
Barra Mary T
Role
Chair & CEO
Sold
23,000 shs ($1.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 23,000 | $0.00 | -- |
| Exercise | Common Stock | 23,000 | $41.40 | $952K |
| Sale | Common Stock | 23,000 | $85.00 | $1.96M |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 192,766 shares (Direct, null);
Common Stock — 615,242 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 23,000 shares
Sale price: $85.00 per share
Options exercised: 23,000 options
+4 more
7 metrics
Shares sold
23,000 shares
Open-market sale of common stock on May 29, 2026 at $85.00
Sale price
$85.00 per share
Price for 23,000 GM common shares sold in open market
Options exercised
23,000 options
Employee stock options exercised into common shares
Exercise price
$41.40 per share
Exercise price for employee stock options granted Feb 7, 2023
Shares held after
592,242 shares
Direct GM common stock holdings after transactions
Remaining options
192,766 options
Employee stock options remaining after 23,000 exercised
Option expiration
February 7, 2033
Expiration date for remaining employee stock options
Key Terms
open-market sale, Employee Stock Option (Right to Buy), derivative security, fully vested
4 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) listed as derivative security"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
fully vested financial
"These stock options were granted on February 7, 2023, and are fully vested."
FAQ
What insider transaction did GM CEO Mary Barra report on this Form 4?
Mary Barra reported exercising options for 23,000 GM shares and selling 23,000 shares in an open-market transaction. The activity reflects an exercise-and-sell pattern linked to fully vested employee stock options granted in February 2023.
What option exercise did Mary Barra disclose in this GM Form 4?
She exercised employee stock options covering 23,000 GM shares at an exercise price of $41.40 per share. These options were granted on February 7, 2023 and are fully vested, converting derivative rights into common stock before the sale.
What happens to Mary Barra’s remaining GM stock options after this Form 4 activity?
Following the exercise of 23,000 options, Mary Barra has 192,766 employee stock options remaining. These options, granted on February 7, 2023, are fully vested and are scheduled to expire on February 7, 2033 if not exercised earlier.