GM GC Glidden sells 383,142 shares (75.8% of holdings) for $21.7M on 2024-11-18 at blended avg $56.63
Glidden Craig B., Executive Vice President & General Counsel, executed 5 separate sales totaling 383,142 shares for $21,696,752.28 on 2024-11-18, reducing his holdings from 505,607 shares to 122,465 shares (a -75.8% reduction). The sales occurred at prices ranging from $56.40 to $56.99, with a blended average of $56.63—near the current price of $54.87 and well-positioned within the 52-week range of $27.48–$57.71, just 4.9% below the 52-week high. Across his prior two sales at GM (2024-03-28 and 2024-02-26), neither proved well-timed on a 90-day basis, with 0 of 2 sales seeing the stock decline post-sale; his broader cross-ticker track record similarly shows poor sell timing (0% well-timed rate across 2 prior sells). GM's fundamentals remain solid with quarterly revenue of $48,757,000,000.00, net income of $3,056,000,000.00, and an attractive P/E of 5.45, though the substantial reduction in Glidden's personal stake warrants attention to the underlying motivations and any material developments not yet disclosed.