Form 4: General Motors Executive Vice President Sells 50,280 Shares
SEC Form 4
Craig B. Glidden, Executive Vice President & General Counsel of General Motors Co, sold 50,280 shares of common stock on March 28, 2024, at an average price of $45.24.
Summary
- On March 28, 2024, Craig B. Glidden, Executive Vice President & General Counsel of General Motors Co, sold 50,280 shares of common stock.
- The sale was executed at a weighted average price of $45.24 per share.
- The prices ranged from $45.00 to $45.52 per share.
- Following the transaction, Mr. Glidden directly owns 174,046 shares of General Motors Co.
- The transaction was reported on April 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Craig B. Glidden sold 50,280 shares of GM common stock. |
| 04/01/2024 | Date of Form 4 filing. |
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