Rory Harvey trims GM (NYSE: GM) stake with 85,146-share sale and option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Motors Executive Vice President Rory Harvey reported a series of May transactions in GM common stock. On May 22, 2026, he exercised employee stock options for 5,652 shares at $41.40 per share and received fully vested shares, then sold 5,652 shares the same day at $79.57 per share.
On May 27, 2026, Harvey completed additional open-market sales of 65,912 shares at $83.03 per share and 13,582 shares at $82.97 per share. After these transactions, he held 46,519 shares of GM common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 85,146 shares ($7,049,302)
Net Sell
5 txns
Insider
Harvey Rory
Role
Executive Vice President
Sold
85,146 shs ($7.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,582 | $82.97 | $1.13M |
| Sale | Common Stock | 65,912 | $83.03 | $5.47M |
| Exercise | Employee Stock Option (Right to Buy) | 5,652 | $0.00 | -- |
| Exercise | Common Stock | 5,652 | $41.40 | $234K |
| Sale | Common Stock | 5,652 | $79.57 | $450K |
Holdings After Transaction:
Common Stock — 112,431 shares (Direct, null);
Employee Stock Option (Right to Buy) — 0 shares (Direct, null)
Footnotes (1)
- On February 7, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 7, 2026, and were awarded in shares of common stock. The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $82.97 to $83.25, 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. On July 3, 2023, the Reporting Person received a grant of PSUs. Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 7, 2026, and were awarded in shares of common stock. These stock options were granted on February 7, 2023, and are fully vested.
Key Figures
Shares sold May 27, 2026: 65,912 shares at $83.03
Additional shares sold May 27, 2026: 13,582 shares at $82.97
Shares sold May 22, 2026: 5,652 shares at $79.57
+4 more
7 metrics
Shares sold May 27, 2026
65,912 shares at $83.03
Open-market sale of GM common stock
Additional shares sold May 27, 2026
13,582 shares at $82.97
Open-market sale of GM common stock
Shares sold May 22, 2026
5,652 shares at $79.57
Open-market sale of GM common stock
Options exercise shares
5,652 shares at $41.40
Employee stock option exercise on May 22, 2026
Net shares sold
85,146 shares
Net-sell direction per transaction summary
Shares held after transactions
46,519 shares
Direct GM common stock ownership after May 27, 2026 sales
Option expiration date
February 7, 2033
Expiration for exercised employee stock options
Key Terms
Performance Stock Units ("PSUs"), weighted average selling price, Employee Stock Option (Right to Buy), open-market sale, +1 more
5 terms
Performance Stock Units ("PSUs") financial
"the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned"
weighted average selling price financial
"The price in Column 4 is the weighted average selling price of the shares."
Employee Stock Option (Right to Buy) financial
"security_title": "Employee Stock Option (Right to Buy)""
open-market sale financial
"transaction_action": "open-market sale""
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did GM Executive Vice President Rory Harvey report?
Rory Harvey reported exercising options for 5,652 GM shares at $41.40, then selling those 5,652 shares at $79.57 and an additional 79,494 shares at prices around $83 in open-market transactions during May 2026.
Did Rory Harvey exercise GM stock options in the reported period?
Yes. On May 22, 2026, he exercised employee stock options on 5,652 GM shares at an exercise price of $41.40. These fully vested options converted into common shares, which were then sold the same day at $79.57 per share.