Form 4: General Motors Executive Vice President Sells Shares
SEC Form 4 Filing
Craig B. Glidden, Executive Vice President & General Counsel of General Motors Co, sold 52,433 shares of common stock at an average price of $40.09 on February 26, 2024.
Summary
- On February 26, 2024, Craig B. Glidden, Executive Vice President & General Counsel of General Motors Co, sold 52,433 shares of common stock.
- The sale was executed at a weighted average price of $40.09 per share, with individual transactions ranging from $40.00 to $40.24.
- Following the transaction, Mr. Glidden directly owns 224,326 shares of General Motors common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the transaction: Craig B. Glidden sold shares of GM common stock. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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