Barra Mary T 4

What Happened
Mary T. Barra, Chair and CEO of General Motors Co., exercised 20,582 stock options (Form 4 code M) at a $41.40 strike price on June 9, 2026, paying $852,095 to acquire the shares. The same day she disposed of the 20,582 shares in an open-market sale (code S) at $85.00 per share for aggregate gross proceeds of $1,749,470. The exercise-and-immediate-sale resulted in a gross spread of about $897,375 (sale proceeds minus exercise cost), before taxes, broker fees or withholdings.

Key Details

• Transaction date: June 9, 2026 (Form 4 filed June 11, 2026)
• Exercise (M): 20,582 options exercised at $41.40 — $852,095 total cost
• Sale (S): 20,582 shares sold at $85.00 — $1,749,470 total proceeds
• Shares owned after transaction: Not specified in the filing
• Footnote: F1 — the exercised stock options were granted Feb 7, 2023 and are fully vested
• Filing: Form 4 covering the June 9 transactions was filed on June 11, 2026 (no late‑filing indication in the provided data)

Context
This was an exercise-plus-sale (a cashless exercise pattern): Barra exercised vested options and immediately sold the acquired shares. Such transactions commonly raise cash to cover the exercise price and tax withholding; they are routine and not an explicit statement about future company performance. The reported amounts are gross proceeds; actual net proceeds will be lower after taxes and fees.