Harvey Rory 4

What Happened

• Rory Harvey, Executive Vice President of General Motors, exercised stock options and sold a total of 85,146 shares for aggregate proceeds of about $7.05 million.
• Exercise: On 2026-05-22 Harvey exercised/converted 5,652 option/derivative shares at $41.40 (cost $233,993).
• Sales: He sold 5,652 shares on 2026-05-22 at a weighted avg $79.57 (proceeds $449,730), 13,582 shares on 2026-05-27 at $82.97 ($1,126,899) and 65,912 shares on 2026-05-27 at $83.03 ($5,472,673).
• The Form 4 also reports a 5,652-share “Derivative” disposition at $0.00 (see Key Details below).

Key Details

• Transaction dates & prices:
  • 2026-05-22: exercised 5,652 shares @ $41.40 (acquired); sold 5,652 shares @ $79.57 (weighted avg).
  • 2026-05-27: sold 13,582 shares @ $82.97 and 65,912 shares @ $83.03 (weighted avg sales across those trades reported between $82.97–$83.25 per footnote).
• Total reported sale proceeds: $7,049,302.
• A 5,652-share disposition at $0.00 is listed as “Derivative” on 2026-05-22 (commonly reflects shares surrendered/retained to cover exercise costs or tax withholding; the filing’s footnotes/issuer can confirm specifics).
• Footnotes: PSUs granted on 2/7/2023 and 7/3/2023 vested on 2/7/2026 and were awarded in shares (F1, F3). Options granted 2/7/2023 are fully vested (F4). Footnote F2 notes sales were executed at prices from $82.97 to $83.25 and the reporting person will provide details on request.
• Shares owned after the transactions are not disclosed in the excerpt of this filing — see the Form 4 for post-transaction holdings.
• Timeliness: Transactions occurred 2026-05-22; the Form 4 was filed 2026-05-27 (five days later), which appears later than the typical two-business-day filing window for insiders.

Context

• Because Harvey exercised options and sold shares the same day (May 22) and sold additional shares on May 27, the initial exercise-plus-sale sequence functions like a cashless exercise for that lot.
• PSUs that vested on Feb 7, 2026 were awarded in shares (per footnotes) and may have contributed to the available share balance sold; awards and option exercises are routine forms of executive compensation and do not by themselves indicate a change in company outlook.
• For full details (exact post-transaction holdings, per-price breakdowns, and any company explanations), review the complete Form 4 filing (Accession 0001976795-26-000008).