GM's Rory Harvey sold $1,480,225 in stock with no 10b5-1 plan on record
As seen on the 24/7 Wall St. homepage on November 6, 2026.
Harvey sold 16,513 shares at $89.64 and now holds just 12,000, meaning the GM executive parted with more stock than he kept. No 10b5-1 plan was disclosed, which makes this a discretionary exit at prices near the high end of the automaker's range.
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On November 6, 2026, Rory Harvey, an executive at General Motors, sold 16,513 shares for $1,480,225.32 in proceeds. He now holds only 12,000 shares, having parted with more stock than he kept.
No 10b5-1 plan was disclosed alongside the transaction, and such a plan is the pre-scheduled arrangement insiders use to show a sale is routine. Without one on record, this is a discretionary trade that Harvey timed himself.
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The $89.64 sale price sits near the high end of General Motors' recent trading range, so Harvey captured a relatively favorable level. Selling a large block discretionarily near a price ceiling is a data point investors will factor into their own assessment of the shares.
Harvey's remaining 12,000-share position keeps him exposed to the company's performance, so this is not a full exit. Disposing of more than half his stake in a single unscheduled transaction is the kind of insider move that draws attention to a named executive.
Sources
Mentioned: GM