GM Insider Trade: VP Hatto Exercises Options and Executes 10b5-1 Sales

Rhea-AI Filing Summary

Christopher Hatto, Vice President & Chief Accounting Officer of General Motors Company (GM), reported transactions dated 08/13/2025. He exercised 26,042 employee stock options at an exercise price of $35.49 per share and simultaneously sold shares: total reported sales of 36,804 common shares comprised of 10,762 shares sold at a weighted average of $55.09 and 26,042 shares sold at a weighted average of $55.11. Following these transactions the reporting person beneficially owns 12,007 shares directly. The Form 4 indicates the transactions were made pursuant to a Rule 10b5-1 trading plan. The exercised options were granted on 02/12/2020 and are fully vested; remaining options exercised relate to shares underlying options that expire 02/12/2030.

Insights

Securities Analyst

TL;DR: Insider exercised vested options and sold shares under a 10b5-1 plan, leaving a modest remaining stake.

The filing shows a standard option exercise followed by market sales implemented under a pre-arranged Rule 10b5-1 plan, which typically reduces regulatory/insider-trading risk around discretionary timing. The option exercise price was $35.49 and the shares were sold at weighted average prices of $55.09 and $55.11, producing a spread per share that represents realized gain on the exercised portion. The net effect reduced the reporting person’s direct holdings to 12,007 shares. Transactions are routine for executives monetizing vested equity and do not, on their face, indicate a material change to company ownership.

Corporate Governance Expert

TL;DR: Disclosure follows governance best practices by using a 10b5-1 plan and providing price-range footnote.

The Form 4 clearly discloses the use of a 10b5-1 trading arrangement and provides a weighted-average sale price with a footnote offering to supply transaction-level price details on request. The filing also notes attorney-in-fact signature, indicating procedural handling of submission. From a governance perspective, these elements enhance transparency and compliance, and the grant/exercise dates for the options are explicitly stated.

Insider Trade Summary

Net Seller: 36,804 shares ($2,028,053)

Net Sell 4 txns

Insider Hatto Christopher

Role Vice President & CAO

Sold 36,804 shs ($2.03M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	26,042	$0.00	--
Sale	Common Stock	10,762	$55.09	$593K
Exercise	Common Stock	26,042	$35.49	$924K
Sale	Common Stock	26,042	$55.11	$1.44M

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 12,007 shares (Direct)

Footnotes (1)

1. The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.00 to $55.27, 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 12, 2020 and are fully vested.

Form 4 Insider Transactions: What Each Field Means →

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)
08/13/2025

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	08/13/2025		S		10,762	D	$55.09(1)	12,007	D
Common Stock	08/13/2025		M		26,042	A	$35.49	38,049	D
Common Stock	08/13/2025		S		26,042	D	$55.11(1)	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)	$35.49	08/13/2025		M			26,042	(2)	02/12/2030	Common Stock	26,042	$0	0	D

Explanation of Responses:

1. The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.00 to $55.27, 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.

2. These stock options were granted on February 12, 2020 and are fully vested.

Remarks:

	/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Hatto	08/15/2025
	** 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).
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