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General Motors insider exercises options at $49.46, sells at $70

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

General Motors (GM) reported an insider transaction by its Vice President & CAO. On 10/28/2025, the officer exercised 15,697 employee stock options at an exercise price of $49.46 per share (transaction code M), receiving an equivalent number of common shares. On the same day, the officer sold 15,697 common shares at $70 per share (transaction code S).

Following these transactions, the officer directly beneficially owned 12,007 common shares. The options exercised were granted on February 8, 2022 and were fully vested.

Positive

  • None.

Negative

  • None.

Insights

Routine option exercise and same-day sale; neutral impact.

The filing shows a standard two-step move: an option exercise (code M) for 15,697 shares at an exercise price of $49.46, followed by a sale (code S) of the same 15,697 shares at $70 on 10/28/2025. This often reflects liquidity or portfolio management rather than a change in outlook.

The options were granted on February 8, 2022 and fully vested, aligning with typical executive equity vesting schedules. After these actions, direct beneficial ownership stands at 12,007 common shares, indicating the officer retains an equity stake.

Form 4 data records insider activity but doesn’t, by itself, indicate company performance. Actual impact depends on broader context and future disclosures.

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*
Hatto Christopher

(Last) (First) (Middle)
300 RENAISSANCE CENTER
M/C: 482-C23-A68

(Street)
DETROIT MI 48265

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President & CAO
3. Date of Earliest Transaction (Month/Day/Year)
10/28/2025
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 10/28/2025 M 15,697 A $49.46 27,704 D
Common Stock 10/28/2025 S 15,697 D $70 12,007 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) $49.46 10/28/2025 M 15,697 (1) 02/08/2032 Common Stock 15,697 $0 0 D
Explanation of Responses:
1. These stock options were granted on February 8, 2022, and are fully vested.
Remarks:
/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Hatto 10/30/2025
** 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 did GM’s officer report on Form 4?

An option exercise of 15,697 shares at $49.46 and a same-day sale of 15,697 shares at $70 on 10/28/2025.

How many GM shares does the officer own after the transactions?

The officer directly beneficially owns 12,007 common shares after the reported transactions.

What were the exercise price and sale price in the GM Form 4?

The options were exercised at $49.46 per share and the common shares were sold at $70 per share.

When were the exercised GM options originally granted?

They were granted on February 8, 2022 and were fully vested.

What do the Form 4 transaction codes M and S mean for GM?

Code M denotes an option exercise (acquisition via derivative), and code S denotes an open market or private sale of non-derivative securities.

What is the role of the reporting person at GM?

The reporting person is an Officer, serving as Vice President & CAO.
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