GM (GM) Executive VP Rory Harvey details RSU and PSU stock awards
Rhea-AI Filing Summary
General Motors executive Rory Harvey reported multiple equity transactions involving company stock and awards. On February 6, 2026, 15,531 Restricted Stock Units converted into an equal number of common shares, with 6,407 shares withheld at $84.24 per share for taxes. On February 7, 2026, previously granted Performance Stock Units vested, adding 24,083 and 152,459 common shares, with 10,501 and 66,547 shares, respectively, withheld at the same price for tax obligations. After these transactions, Harvey directly owned 126,013 shares of GM common stock and 15,530 Restricted Stock Units, which each represent the right to receive one GM share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,083 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,501 | $84.24 | $885K |
| Grant/Award | Common Stock | 152,459 | $0.00 | -- |
| Tax Withholding | Common Stock | 66,547 | $84.24 | $5.61M |
| Exercise | Restricted Stock Units | 15,531 | $0.00 | -- |
| Exercise | Common Stock | 15,531 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,407 | $84.24 | $540K |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") converts into common stock on a one-for-one basis. On February 7, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 7, 2026, and were awarded in shares of common stock. On July 3, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 7, 2026 and were awarded in shares of common stock. The RSUs do not have a conversion or exercise price. The RSUs were awarded on February 6, 2024. Two-thirds of the RSUs vested on February 6, 2025 and on February 6, 2026, respectively. The remaining one-third will vest on February 6, 2027. Each RSU represents a right to receive one share of the Company's common stock upon settlement. The RSUs do not have a date on which they become exercisable or expire.
FAQ
What insider transactions did GM Executive Vice President Rory Harvey report on this Form 4 for GM?
What Restricted Stock Unit (RSU) activity did the GM Form 4 disclose for Rory Harvey?
What Performance Stock Unit (PSU) vesting did Rory Harvey report for GM stock in this Form 4?
What does the GM Form 4 say about the terms of Rory Harvey’s Restricted Stock Units?