Jacobson Paul A 4

What Happened

• Paul A. Jacobson, Executive Vice President & CFO of General Motors, converted/exercised derivatives and received equity awards on Feb 6–7, 2026. He acquired 20,379 shares via derivative exercise and was awarded 220,753 shares (PSUs that vested), for a total of 241,132 shares acquired. To satisfy tax withholding obligations, 9,251 shares were surrendered on Feb 6 and 100,200 shares on Feb 7 at a per-share value of $84.24, resulting in share disposals with an aggregate value of $9,220,152.

Key Details

• Transaction dates: Feb 6, 2026 (exercise/conversion and tax withholding) and Feb 7, 2026 (PSU vesting/award and tax withholding). Filing date: Feb 10, 2026.
• Price used for withholding/disposals: $84.24 per share. Tax-withheld shares disposed: 9,251 and 100,200 (total 109,451). Total value of disposed shares: $779,304 + $8,440,848 = $9,220,152.
• Shares acquired: 20,379 (derivative exercise) + 220,753 (vested PSUs) = 241,132 shares.
• Footnotes: RSUs convert one-for-one into common stock; PSUs granted Feb 7, 2023 vested and were paid in shares on Feb 7, 2026; RSUs awarded Feb 6, 2024 vest in thirds (two-thirds already vested by Feb 6, 2026).
• Filing timeliness: Filing dated Feb 10, 2026 reporting transactions from Feb 6–7, 2026. The filing does not indicate a late report.

Context

• The disposals reported (code F) reflect shares withheld/surrendered to cover tax liabilities associated with exercises/vested awards — a routine administrative step, not an open-market sale for cash. Derivative conversion (code M) indicates exercise/conversion of a vested award or option into underlying shares. These entries are common when equity awards vest and taxes are settled in stock.