Form 4: General Motors Director Linda Gooden Reports Acquisition of Deferred Share Units

Director Linda Gooden reports acquisition of General Motors Deferred Share Units (DSUs) on December 31, 2024.

Summary

• Linda Gooden, a director of General Motors Co, filed a Form 4 on January 3, 2025, reporting changes in beneficial ownership.
• On December 31, 2024, Ms. Gooden acquired 4,154 Deferred Share Units (DSUs).
• Additionally, 428 DSUs were acquired representing dividends accrued on existing DSUs.
• The price for these acquisitions was $0.
• Following these transactions, Ms. Gooden directly owns 43,303 DSUs.
• These DSUs will be paid in cash after Ms. Gooden leaves the Board, valued at the average closing price of GM's common stock during the quarter immediately preceding payment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects routine director compensation in the form of DSUs, aligning director interests with shareholder value. There are no indications of negative events or concerns.

Future Outlook

The reported transactions reflect changes in the director's holdings of deferred share units, which will be settled in cash upon departure from the board. The value of these units is tied to the future performance of General Motors' common stock.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value.

Stakeholder Impact

• The acquisition of DSUs aligns the director's interests with those of the shareholders, as the value of the DSUs is tied to the performance of the company's stock.

Key Dates