Jacobson Paul A 4
Research Summary
AI-generated summary
General Motors (GM) CFO Paul Jacobson Sells 40,000 Shares
What Happened
- Paul Jacobson, Executive Vice President & Chief Financial Officer of General Motors Co., sold 40,000 shares on May 26, 2026. The shares were disposed at $80.00 each for a total transaction value of $3,200,000. The filing lists the sale as an "open market or private sale" (code S), which is a disposition of shares rather than a purchase.
Key Details
- Transaction date: May 26, 2026; Report filed: May 28, 2026 (appears timely — within two business days).
- Price per share: $80.00; Total proceeds: $3,200,000.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes / plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided data.
Context
- This was a sale, which is often routine (e.g., liquidity, diversification, tax planning) and does not by itself indicate management’s view of company fundamentals. Purchases can be more indicative of insider confidence; sales are common and can have many reasons not disclosed in the filing.