Summary by Futu AI
In a recent transaction dated 07/26/2024, Paul A. Jacobson, Executive Vice President & CFO of General Motors Co (GM), purchased 25,000 shares of the company's common stock at a price of $44.11 per share. Following this acquisition, Jacobson's direct holdings in General Motors increased to a total of 261,872 shares. The transaction, which was conducted on the open market, reflects a vote of confidence from the executive in the automaker's future prospects. The total investment for this purchase amounted to approximately $1,102,750, underscoring the significance of the transaction for the reporting individual.