Harvey Rory 4
Research Summary
AI-generated summary
General Motors (GM) EVP Rory Harvey Exercises Awards, Sells Shares for Taxes
What happened Rory Harvey, Executive Vice President of General Motors (GM), received a total of 192,073 shares on Feb 6–7, 2026 from vested awards and a conversion/exercise. To satisfy tax withholding obligations he surrendered/sold 83,455 shares at $84.24 per share, generating approximately $7,030,249. The filings include exercise/conversion (code M), awards/grants (code A) and tax-withholding disposals (code F).
Key details
- Acquisition: 192,073 shares acquired via:
- 15,531 shares — exercise/conversion (2/6/2026, code M)
- 24,083 shares — award/grant (2/7/2026, code A)
- 152,459 shares — award/grant (2/7/2026, code A)
- Tax-withholding/Disposition: 83,455 shares surrendered/disposed to cover taxes:
- 6,407 shares @ $84.24 = $539,726 (2/6/2026, code F)
- 10,501 shares @ $84.24 = $884,604 (2/7/2026, code F)
- 66,547 shares @ $84.24 = $5,605,919 (2/7/2026, code F)
- Total from tax-related disposals ≈ $7,030,249
- A derivative entry of 15,531 shares (code M) also appears as a $0 disposition in the filing (related to conversion/exercise mechanics).
- Footnotes: PSUs granted Feb 7, 2023 and July 3, 2023 vested on Feb 7, 2026; RSUs awarded Feb 6, 2024 vest in scheduled tranches; RSUs convert one-for-one and have no exercise price.
- Filing: Report filed Feb 10, 2026 for transactions dated Feb 6–7, 2026; filing appears timely based on business-day reporting rules.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This was primarily award vesting and conversion activity, not an open-market purchase. The disposals were tax-withholding or cashless settlement actions (code F), common when restricted or performance shares vest. Such withholding/sales to cover taxes do not necessarily indicate a change in the insider’s market view.