The cluster is too small to drive a directional trade. CFO selling is often watched for sentiment, but $3.2M at an $80B company is routine diversification. No open-market purchases to counterbalance. Monitor upcoming earnings or capital markets events for real catalysts — this filing alone does not warrant action.
Price Chart
Executive Summary
GM's CFO and an EVP sold a combined $3.65M in open-market sales over a 5-day window. CFO Paul Jacobson's $3.2M sale is notable in absolute terms but represents only ~0.0048% of GM's $75.8B market cap — well below the 0.1% materiality threshold. Harvey's sales follow a derivative exercise and are partially routine tax/vesting-related. The cluster is entirely selling, but the dollar amounts are trivial relative to company size.
Key Financial Metrics
Key Facts
- CFO Paul Jacobson sold 40,000 shares at $80.00 for $3.2M on 2026-05-26 — his only trade in the window.
- EVP Rory Harvey sold a combined 19,234 shares over two trades ($1.58M total), including 5,652 shares at $79.57 from a same-day derivative exercise.
- Total cluster value of $3.65M represents ~0.0048% of GM's $75.8B market cap — economically negligible.
- All transactions were open-market sales (S code); no open-market purchases occurred.
- Historical calibration shows score-2/neutral reports on GM have mixed T+20 outcomes but no persistent directional bias.
- Cross-filing actuarial verdicts flagged multiple amplifier combos, but none apply here as the base event's standalone materiality is too low to amplify.
Financial Impact
$3.65M total insider sales, or ~0.0048% of market cap — immaterial
Risk Factors
- CFO selling before a material adverse event is always a tail risk, but the amount is too small to suggest informed selling on its own.
- Insider sales may continue if blackout windows open or share price appreciates further, but this cluster provides no new signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GM-1780006051570 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | Court Ruling | $87.76 $87.16 | ▼ −0.68% | ▲ +0.53% | $78.29 (−10.80%) |
Aug 25, 2026 5w ago | Court Ruling | $85.81 $85.63 | ▼ −0.21% | ▲ +0.33% | $78.29 (−8.77%) |
Aug 18, 2026 6w ago | Court Ruling | $83.71 $85.74 | ▲ +2.42% | ▲ +2.62% | $78.29 (−6.48%) |
Aug 17, 2026 6w ago | Court Ruling | $84.37 $86.98 | ▲ +3.09% | ▲ +4.28% | $78.29 (−7.21%) |
Aug 11, 2026 7w ago | Court Ruling | $89.35 $83.71 | ▼ −6.31% | ▼ −5.91% | $78.29 (−12.38%) |
Aug 6, 2026 8w ago | Court Ruling | $86.94 $86.39 | ▼ −0.63% | ▼ −1.85% | $78.29 (−9.96%) |
Jul 30, 2026 9w ago | Court Ruling | $88.40 $86.94 | ▼ −1.65% | ▼ −5.27% | $78.29 (−11.44%) |
Jul 29, 2026 9w ago | Insider Cluster | $89.40 $89.16 | ▼ −0.27% | ▼ −5.80% | $78.29 (−12.43%) |
Jul 29, 2026 9w ago | Insider Cluster | $89.40 $89.16 | ▼ −0.27% | ▼ −5.80% | $78.29 (−12.43%) |
Jul 29, 2026 9w ago | Insider Cluster | $89.40 $89.16 | ▼ −0.27% | ▼ −5.80% | $78.29 (−12.43%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access