Reuss Mark L 4

What Happened
Mark L. Reuss, President of General Motors, exercised vested stock options on February 17, 2026 and immediately sold shares in the open market. He exercised 82,489 options at $52.16 (cost $4,302,626) and 147,569 options at $35.49 (cost $5,237,224) — a total of 230,058 shares acquired for about $9.54M. On the same day he sold a total of 480,724 shares in multiple open-market transactions for aggregate proceeds of approximately $38.71M (sales reported at weighted average prices shown; see footnote on price ranges).

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (timely filing).
• Exercises (acquisitions): 82,489 @ $52.16 ($4,302,626) and 147,569 @ $35.49 ($5,237,224).
• Open-market sales: 82,489 @ $80.10 ($6,607,369); 147,569 @ $80.61 ($11,895,537); 249,567 @ $80.61 ($20,117,596); 1,099 @ $80.94 ($88,953). Total sales ≈ $38.71M.
• Filing shows two additional derivative "Disposed" line items reported at $0.00 for the exercised share amounts (see filing).
• Shares owned after the transactions are not specified in the data provided here.
• Footnotes: F1 — weighted average sale prices; sales occurred across prices $79.60–$81.36. F2/F3 — the exercised options were fully vested grants from Feb 18, 2021 and Feb 12, 2020.

Context
This appears to be an exercise of fully vested options followed by immediate open-market sales (a common pattern to cover exercise cost and taxes). The filing is routine reporting of insider activity; it is factual disclosure of transactions and does not indicate the insider's motives.