Barra Mary T 4

What Happened

• Mary T. Barra, Chair & CEO and Director of General Motors (GM), exercised 23,000 stock options and immediately sold the 23,000 shares on May 29, 2026. The options were exercised at $41.40 per share (total exercise cost $952,200) and the shares were sold in the open market at $85.00 per share for total sale proceeds of $1,955,000. The transaction structure shows an option exercise followed by an immediate sale (cashless-style exercise).

Key Details

• Transaction date: 2026-05-29.
• Option exercise: 23,000 shares acquired at $41.40 each — $952,200 total.
• Open-market sale: 23,000 shares sold at $85.00 each — $1,955,000 total.
• A related derivative line shows 23,000 shares on conversion at $0.00 (reflecting the option-to-stock conversion).
• Footnote: Options were granted on February 7, 2023, and are fully vested (F1).
• Shares owned after the transaction: Not reported in this Form 4 filing.
• Filing date: 2026-06-02 — appears to be within the standard two-business-day Form 4 reporting window for a 2026-05-29 transaction.

Context

• This was an exercise of previously granted, vested options with an immediate sale of the resulting shares (a common executive liquidity event). The filing shows both the option exercise (acquisition) and the subsequent open-market sale (disposition).
• Net cash proceeds to the insider, before taxes and fees, are approximately $1.00 million (sale proceeds $1,955,000 minus exercise cost $952,200).
• These transactions are routine reporting of executive option exercises and do not, by themselves, indicate the insider’s future view of the company.