4Filed Aug 2, 8:00 PM ET

General Motors (GM) EVP Grant Dixton Sells 75,056 Shares

$GM · General Motors Co

Research Summary

AI-generated summary of this SEC filing

Updated

General Motors (GM) EVP Grant Dixton Sells 75,056 Shares

What Happened
Grant Dixton, Executive Vice President of General Motors, had 79,132 Restricted Stock Units (RSUs vest and convert 1-for-1) settle into common shares on July 30, 2026. Of those shares, 35,056 were withheld to cover taxes (valued at $3,098,950 using $88.40/share) and 40,000 were sold in an open-market transaction on August 3, 2026 for a weighted average price of $88.44/share (proceeds $3,537,600). The RSU conversion itself had no exercise price. After the withholding and sale, 4,076 shares remained from this vesting event.

Key Details

  • Transaction dates: RSU settlement July 30, 2026; open-market sale on August 3, 2026. Form filed August 3, 2026.
  • Records on Form 4: M = exercise/conversion of derivative (RSU conversion to shares); F = tax withholding; S = open-market sale.
  • Share & value specifics:
    • 79,132 RSUs converted to 79,132 shares @ $0.00 (acquired via vesting) = $0 acquisition cost (F1, F3).
    • 35,056 shares withheld for taxes @ $88.40 = $3,098,950 (F4/F5 context: half of RSUs vested earlier 7/30/25, half 7/30/26).
    • 40,000 shares sold in open market @ weighted avg $88.44 = $3,537,600. Sales prices ranged from $87.31 to $90.04; weighted average reported (F2).
  • Remaining from this vesting: 79,132 − 35,056 − 40,000 = 4,076 shares. Total post-transaction holdings (all-time) not provided on the Form 4.
  • Notable footnotes: RSUs convert 1-for-1, have no exercise price, vested and were settled July 30, 2026, and have no expiration (F1–F5). Reporting includes weighted-average sale price and seller offers to provide detailed price-by-price breakdown upon request (F2).

Context
This was primarily an RSU vest-and-settle event followed by routine tax-withholding and a partial open-market sale. Tax withholding (F) is common after RSU vesting and is not a cash purchase signal; the open-market sale (S) appears to be a disposition of shares received at vesting. All details are from the Form 4 filed August 3, 2026; the filing lists the specific codes for conversion, withholding and sale.