GM president (NYSE: GM) sells 480,724 shares after option exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Motors President Mark L. Reuss reported a series of stock option exercises and share sales. On February 17, 2026, he exercised options for a total of 230,058 shares of common stock, then sold 480,724 shares in open-market transactions at weighted-average prices between $79.60 and $81.36. Following these trades, he directly owned 92,293 shares of GM common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 480,724 shares ($38,709,455)
Net Sell
8 txns
Insider
Reuss Mark L
Role
President
Sold
480,724 shs ($38.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 82,489 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 147,569 | $0.00 | -- |
| Exercise | Common Stock | 82,489 | $52.16 | $4.30M |
| Sale | Common Stock | 82,489 | $80.10 | $6.61M |
| Exercise | Common Stock | 147,569 | $35.49 | $5.24M |
| Sale | Common Stock | 147,569 | $80.61 | $11.90M |
| Sale | Common Stock | 249,567 | $80.61 | $20.12M |
| Sale | Common Stock | 1,099 | $80.94 | $89K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 425,448 shares (Direct)
Footnotes (1)
- The price in Column 4 is the weighted average sales price of the shares. The shares were sold in multiple transactions at prices from $79.60 to $81.36, 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. These stock options were granted on February 18, 2021 and are fully vested. These stock options were granted on February 12, 2020 and are fully vested.
FAQ
What did GM President Mark Reuss report in this Form 4 for GM?
Mark Reuss reported exercising stock options and selling General Motors common shares. He exercised options for 230,058 shares, then sold 480,724 shares in multiple open-market trades, ending with direct ownership of 92,293 GM shares after the transactions.
Were the stock options exercised by Mark Reuss in GM fully vested?
Yes, the options exercised were fully vested. One grant dated February 18, 2021 and another dated February 12, 2020 are described in the footnotes as fully vested stock options, which Reuss exercised before converting them into GM common shares and selling shares in the market.