General Motors CEOs Mary Barra and Mark Reuss Sell 389,000 Shares

Chief Executive Officer Mary Barra sold 318,448 shares of General Motors stock on July 28 at an average price of $90.38, generating about $28.8 million in proceeds. After the sale she retained 428,994 shares valued at roughly $38.8 million.

President Mark Reuss also sold 71,079 shares on the same day, averaging $89.97 per share for a total of $6.4 million. He now holds 92,293 shares worth about $8.3 million. Both transactions were filed with the U.S. SEC and executed under pre‑arranged Rule 10b5‑1 trading plans following GM’s quarterly earnings announcement.

The disclosures came after General Motors reported fourth‑quarter earnings of $3.57 EPS and revenue of $48.03 billion, beating analyst estimates. The insider sales caused the stock to dip roughly 1 % in trading.