General Motors Co·4

Feb 10, 4:09 PM ET

Reuss Mark L 4

Research Summary

AI-generated summary

Updated

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.