Jacobson Paul A 4
Research Summary
AI-generated summary
GM (GM) CFO Paul A. Jacobson Receives RSU Award, Withholds Shares for Taxes
What Happened
Paul A. Jacobson, Executive Vice President & CFO of General Motors, was awarded and converted Restricted Stock Units (RSUs). The filing shows an award of 32,610 RSUs (grant), a conversion/exercise of 17,673 RSUs into common stock, and a withholding/disposition of 6,337 shares to satisfy tax obligations (valued at $546,820).
Key Details
- Transaction dates: Grant reported 2026-02-03; conversions/withholding reported 2026-02-04. Form 4 filed 2026-02-05.
- Award: 32,610 RSUs granted (reported as derivative acquisition, $0 exercise price).
- Conversion: 17,673 RSUs converted to common shares (reported as exercise/conversion of derivative).
- Tax withholding: 6,337 shares disposed to pay taxes at $86.29/share, total $546,820 (code F).
- Footnotes: RSUs convert one-for-one into common stock, have no exercise price, are granted under GM’s 2020 Long-Term Incentive Plan, and vest in installments per the filing’s vesting schedule (see footnotes).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Form filed Feb 5, 2026 (document lists the transactions above).
Context
- These entries reflect RSU awards/vestings and routine tax withholding rather than an open-market purchase or sale. Withholding of shares to cover taxes is a common practice and does not necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchased shares are a stronger bullish signal than routine vesting/withholding; this filing primarily documents compensation-related vesting and tax payment.