Barra Mary T 4
Research Summary
AI-generated summary
General Motors (GM) CEO Mary Barra Exercises Options, Sells Shares
What Happened
- Mary T. Barra, Chair and CEO of General Motors, exercised a total of 99,239 stock options on June 16, 2026 and sold the resulting 99,239 shares the same day.
- Options exercised: 6,867 @ $41.40 (cost $284,294); 83,476 @ $49.46 (cost $4,128,723); 8,896 @ $52.16 (cost $464,015). Total exercise cost ≈ $4,877,032.
- Shares sold: same 99,239 shares at a weighted-average selling price of $85.10, generating gross proceeds ≈ $8,445,240 (sales occurred at prices from $85.00 to $85.34).
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (within the typical two-business-day reporting window).
- Sales price details: weighted-average sale price $85.10; per-footnote sales ranged $85.00–$85.34. Reporting person can provide a per-price breakdown on request (Footnote F1).
- Options status: The exercised options were fully vested (grants dated Feb 18, 2021; Feb 8, 2022; Feb 7, 2023 — Footnotes F2–F4).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing/timeliness: Filed two days after the transactions (June 18 reporting a June 16 transaction).
Context
- This was an option exercise combined with an immediate sale (commonly a cashless exercise or sale-to-cover) — the filing shows both the option exercise (derivative acquisition) and the open-market sale of the resulting shares.
- Such transactions by executives often reflect routine option exercises or tax/diversification needs; they are factual disclosures and do not, by themselves, indicate company outlook.
- For full details (exact per-trade prices, post-transaction holdings, or the complete Form 4), consult the SEC filing accession 0001492154-26-000014.