Barra Mary T 4

What Happened

• Mary T. Barra, Chair & CEO (Director) of General Motors Co., exercised vested stock options and sold the underlying shares between May 26–28, 2026. She exercised 269,828 shares via option exercises (strike costs totalling about $12.26M) and sold 453,402 shares in open-market transactions for total gross proceeds of approximately $37.19M. The gross proceeds minus exercise costs are roughly $24.94M (pre-tax/fees). The exercises were of fully vested option grants from 2021–2023 (see footnotes).

Key Details

• Transaction dates: May 26–28, 2026. Filing date: May 28, 2026 (appears timely).
• Exercises (code M): 269,828 shares exercised at strikes of $41.40, $49.46 and $52.16 (total exercise cost ≈ $12,255,135).
• Sales (code S): 453,402 shares sold at weighted average prices shown in the filing; proceeds by lot total ≈ $37,192,225.
  • May 26 sales included weighted avg $80.01 (range $80.00–$80.16) — see F1.
  • May 27 sales weighted avg $82.32 (range $80.89–$83.07) — see F2.
  • May 28 sales weighted avg $85.03 (range $85.00–$85.19) — see F3.
• Options granted on Feb 18, 2021; Feb 8, 2022; Feb 7, 2023 — all fully vested (F6, F5, F4).
• Some exercise entries in the filing show $0.00 in the price column for derivative conversions; these reflect related derivative conversion reporting in the Form 4.
• Shares owned after the transactions are not included in the data you provided — check the full Form 4 for ending beneficial ownership.

Context

• This pattern (exercising vested options and immediately selling shares) is a common cashless exercise/liquidity event and does not, by itself, indicate a change in the insider’s long-term view of the company.
• The filing is factual reporting of option exercises and open-market sales; motivations are not stated. Retail investors should view sales as routine liquidity unless accompanied by other unusual activity or disclosures.