GM (GM) CFO Paul Jacobson nets 465,675 shares after RSU and PSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Motors Executive Vice President & CFO Paul A. Jacobson reported equity compensation activity and related share withholdings. On February 6, 2026, 20,379 restricted stock units converted into the same number of GM common shares at $0, and shares were then withheld at $84.24 per share to cover obligations. On February 7, 2026, 220,753 common shares from previously granted performance stock units vested at $0, with an additional 100,200 shares withheld at $84.24 per share. After these transactions, Jacobson directly held 465,675 shares of GM common stock and 20,378 restricted stock units, reflecting ongoing settlement of long-term incentive awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,379 shares exercised/converted
Mixed
5 txns
Insider
Jacobson Paul A
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 220,753 | $0.00 | -- |
| Tax Withholding | Common Stock | 100,200 | $84.24 | $8.44M |
| Exercise | Restricted Stock Units | 20,379 | $0.00 | -- |
| Exercise | Common Stock | 20,379 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,251 | $84.24 | $779K |
Holdings After Transaction:
Common Stock — 565,875 shares (Direct);
Restricted Stock Units — 20,378 shares (Direct)
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. 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 EVP & CFO Paul Jacobson report on this Form 4?
Paul Jacobson reported equity compensation-related activity, including RSU and PSU vesting into GM common stock at $0 per share and share withholdings at $84.24 per share to cover obligations, all classified as directly owned non-derivative and derivative securities.
What is Paul Jacobson’s GM common stock ownership after these transactions?
Following the reported transactions, Jacobson directly held 465,675 shares of GM common stock. This total reflects the net result after RSU and PSU settlements and share withholdings coded "F" in the non-derivative securities table within the Form 4.
What restricted stock unit (RSU) position does Paul Jacobson hold after these transactions?
After the derivative transaction labeled code "M" on February 6, 2026, Jacobson beneficially owned 20,378 restricted stock units. Each RSU represents the right to receive one GM common share upon settlement, according to the explanatory footnotes in the filing.
How are GM restricted stock units and performance stock units described in this Form 4?
Each GM RSU converts into one share of common stock and has no exercise price. The PSUs granted on February 7, 2023 vested on February 7, 2026 based on financial targets and were settled in GM common shares, as described in the footnotes.