Anderson Sterling 4

What Happened

• Anderson Sterling, Executive Vice President of General Motors (GM), was granted 40,107 restricted stock units (RSUs) on 2026-02-03. Per the filing, 21,989 RSUs converted/exercised into common shares on 2026-02-04.
• To satisfy tax withholding, 9,515 shares were withheld at a price of $86.29 per share, totaling approximately $821,049. After withholding, roughly 12,474 shares remained issued to Sterling from that conversion.
• The RSUs have no exercise price and convert on a one-for-one basis into common stock; this activity is a routine equity award and tax-withholding event rather than an open-market buy or sell.

Key Details

• Transaction dates: Grant on 2026-02-03; conversion/exercise and withholding on 2026-02-04; Form 4 filed 2026-02-05 (appears timely).
• Prices and values: Withheld 9,515 shares at $86.29/share = ~$821,049. RSUs have no exercise/conversion price.
• Shares owned after transaction: not specified in the filing (net issued from conversion ≈ 12,474 shares after withholding).
• Footnotes: RSUs awarded under the company's long-term incentive plan, convert one-for-one to common stock, have no exercise price, and vest on a multi-year schedule (footnotes indicate staged vesting with one-third vesting in the near term and remainder in future years).
• Transaction codes: A = grant/award, M = exercise/conversion of derivative, F = tax withholding (sell-to-cover).

Context

• This is a grant and conversion/settlement of RSUs with shares withheld to cover taxes (a common "sell-to-cover" or withholding process); it should not be interpreted as a discretionary open-market sale of shares by the insider.
• Such awards are routine compensation events for executives; purchases are typically more indicative of a bullish signal than routine awards or tax withholdings.