GM Form 4: Officer exercises options, sells 14,667 shares under 10b5-1 plan

Rhea-AI Filing Summary

General Motors Co. insider Christopher Hatto exercised 14,667 fully vested employee stock options at a $39 exercise price on 08/27/2025 and simultaneously sold 14,667 shares at $59 per share. After the option exercise the filing shows 26,674 shares beneficially owned; after the sale it reports 12,007 shares beneficially owned. The filing indicates the transactions were made pursuant to a written plan intended to satisfy the affirmative defense of Rule 10b5-1(c). The options were originally granted on February 13, 2019 and are fully vested. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Hatto on 08/29/2025.

Positive

• Transactions executed under a Rule 10b5-1(c) written plan, which can provide an affirmative defense to insider trading allegations
• Options were fully vested (granted 02/13/2019), enabling a routine exercise

Negative

• Beneficial ownership decreased from 26,674 shares after exercise to 12,007 shares after the sale, a reduction of 14,667 shares
• Sale of all shares acquired from the exercise (14,667 sold at $59) reduced the reporting person's direct stake

Insights

Financial Analyst

TL;DR: Officer exercised vested options and sold equal shares, reducing beneficial ownership by 14,667 shares; transactions made under a 10b5-1 plan.

The exercise of 14,667 employee stock options at $39 and immediate sale at $59 generated a per-share spread of $20 before taxes for the reporting person. The net effect on reported holdings moves beneficial ownership from 26,674 to 12,007 shares, a clear decrease in direct ownership by 55% of the post-exercise holdings. Because the filing checks the box for Rule 10b5-1(c), these trades were executed pursuant to a written plan that can provide an affirmative defense to insider trading claims. The transactions are routine for compensatory option exercises and sales and do not include additional material corporate events.

Corporate Governance Expert

TL;DR: Transactions comply with common governance practices; documented 10b5-1 plan use and attorney-in-fact signature are noted.

The Form 4 documents both an option exercise and an offsetting sale by an officer, and the filer indicated the use of a Rule 10b5-1(c) plan, which aligns with good governance and insider-trading mitigation practices. The filing includes an attorney-in-fact signature dated 08/29/2025, showing formal execution. No other governance or disclosure issues are stated in the filing.

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)
08/27/2025

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	08/27/2025		M		14,667	A	$39	26,674	D
Common Stock	08/27/2025		S		14,667	D	$59	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)	$39	08/27/2025		M			14,667	(1)	02/13/2029	Common Stock	14,667	$0	0	D

Explanation of Responses:

1. These Stock Options were granted on February 13, 2019 and are fully vested.

Remarks:

	/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Hatto	08/29/2025
	** 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 officer Christopher Hatto report on Form 4 (GM)?

He exercised 14,667 vested employee stock options at $39 and sold 14,667 shares at $59 on 08/27/2025.

How many shares did Christopher Hatto own after the transactions reported on Form 4?

The filing reports 26,674 shares beneficially owned after the acquisition and 12,007 shares beneficially owned after the sale.

Were these transactions part of a 10b5-1 plan for GM insider Christopher Hatto?

Yes. The Form 4 checked the box indicating the transaction was pursuant to a written plan intended to satisfy Rule 10b5-1(c).

When were the exercised options granted and are they vested?

The employee stock options were granted on February 13, 2019 and are fully vested, as stated in the filing.

Who signed the Form 4 for Christopher Hatto?

The Form 4 was signed by Tia Y. Turk as Attorney-In-Fact for Mr. Hatto on 08/29/2025.