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General Motors (GM) director reports new deferred share unit awards

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

General Motors Co director Mr. Kelly reported changes in his deferred share unit holdings. On December 31, 2025, he acquired 5,724 Deferred Share Units (DSUs) and an additional 55 DSUs credited as dividends accrued on DSUs in 2025. Each DSU corresponds to the value of one share of GM common stock.

Following these transactions, Mr. Kelly beneficially owned 7,885 DSUs, held directly. According to the disclosure, DSU amounts will be paid in cash after the non-employee director leaves the Board, using the average closing price of GM common stock during the quarter immediately before payment.

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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).
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*
KELLY ALFRED F JR

(Last) (First) (Middle)
300 RENAISSANCE CENTER
M/C: 482-C24-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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
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
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
Deferred Share Units ("DSUs") (1) 12/31/2025 A 5,724 (1) (1) Common Stock 5,724 $0 7,830 D
Deferred Share Units ("DSUs")(2) (1) 12/31/2025 A 55 (1) (1) Common Stock 55 $0 7,885 D
Explanation of Responses:
1. Amounts credited as DSUs will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of the Company's Common Stock during the quarter immediately preceding payment.
2. Represents dividends accrued on DSUs in 2025 that were credited as additional DSUs at the end of the year.
Remarks:
/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Kelly 01/05/2026
** 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 insider transaction did GM report on this Form 4?

The filing shows a General Motors Co director, Mr. Kelly, acquired 5,724 Deferred Share Units (DSUs) and 55 DSUs credited from 2025 dividends on December 31, 2025.

How many deferred share units does the GM director hold after these transactions?

After the reported transactions, the director beneficially owned 7,885 Deferred Share Units (DSUs), held as a direct interest.

What are Deferred Share Units (DSUs) in this GM Form 4?

The DSUs represent derivative securities tied to GM common stock, with each DSU corresponding to the value of one share of common stock for cash-settlement purposes.

When will the GM director receive payment for these DSUs?

Amounts credited as DSUs will be paid in cash after the non-employee director leaves the Board, valued at the average closing price of GM common stock during the quarter immediately before payment.

What is the significance of the 55 DSUs reported for GM in 2025?

The additional 55 DSUs represent dividends accrued on DSUs in 2025 that were credited as extra DSUs at year-end.

Is this GM Form 4 filed for one or multiple reporting persons?

The document indicates it is a Form filed by one reporting person, covering the transactions of a single GM director.

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