This information that follows is taken from sources including
The Car Connection, Autoweek, Green Car Reports, and other industry
sources.
General Motors CEO Mary Barra sold about 40% of her personal
stock and options in the company in August, according to a
government and company filing with the U.S. Securities and Exchange
Commission. In total, Barra sold stock and exercised options worth
approximately $35.4 million from the sale of 994,863 shares of
stock last month, a GM spokesperson confirmed Sept. 4. In the past
six months, Barra has cashed out nearly $58 million across four
transactions. Wall Street immediately took notice because insider
selling at this scale — especially by a long-tenured CEO
— raises questions. Was this routine profit-taking, a signal
of caution, or something deeper about GM's near-term
prospects?
