Reuss Mark L 4
4 · General Motors Co · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
GM President Mark Reuss Receives 373,607 Shares; Surrenders 175,562 for Taxes
What Happened
Mark L. Reuss, President of General Motors (GM), received equity awards and had a portion of the shares withheld to cover taxes. On Feb 6–7, 2026 he acquired a total of 404,203 shares (30,596 from a derivative conversion/exercise on Feb 6 and 373,607 from vested performance/awarded shares on Feb 7). To satisfy tax withholding obligations he surrendered 12,621 shares on Feb 6 ($1,063,193) and 162,941 shares on Feb 7 ($13,726,150), a combined withholding of 175,562 shares valued at $14,789,343. Net shares added to his position from these events were about 228,641 shares.
Key Details
- Transaction dates: Feb 6–7, 2026; Form 4 filed Feb 10, 2026 (appears timely).
- Acquisitions: 30,596 shares (conversion/exercise, coded M) and 373,607 shares (award/grant, coded A); both reported at $0 per share (RSUs/PSUs convert one-for-one).
- Withholdings/payments: 12,621 shares on Feb 6 (F) at $84.24/share = $1,063,193; 162,941 shares on Feb 7 (F) at $84.24/share = $13,726,150.
- Net increase: ~228,641 shares retained after withholding (404,203 acquired − 175,562 withheld).
- Footnotes: PSUs vested on Feb 7, 2026 and were paid in shares (F2). RSUs convert one-for-one and have no exercise price (F1, F3). RSUs awarded Feb 6, 2024 vest in tranches (F4).
- Transaction codes: M = exercise/conversion of derivative; A = award/grant; F = payment of exercise price or tax withholding (share surrender).
Context
These activity types are typically compensation-related: vested PSUs/RSUs converting into common stock and shares withheld to cover required taxes (a cashless/withholding settlement), not open-market sales or purchases. Such withholdings are routine and do not necessarily signal the insider’s view on company stock price.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-06+30,596→ 144,914 total - Tax Payment
Common Stock
2026-02-06$84.24/sh−12,621$1,063,193→ 132,293 total - Award
Common Stock
[F2]2026-02-07+373,607→ 505,900 total - Tax Payment
Common Stock
2026-02-07$84.24/sh−162,941$13,726,150→ 342,959 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-02-06−30,596→ 30,595 total→ Common Stock (30,596 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis.
- [F2]On February 7, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 7, 2026, and were awarded in shares of common stock.
- [F3]The RSUs do not have a conversion or exercise price.
- [F4]The RSUs were awarded on February 6, 2024. Two-thirds of the RSUs vested on February 6, 2025 and on February 6, 2026, respectively. The remaining one-third will vest on February 6, 2027. Each RSU represents a right to receive one share of the Company's common stock upon settlement.
- [F5]The RSUs do not have a date on which they become exercisable or expire.