Sebastien Bazin receives 678 GE (NYSE: GE) RSUs as director pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bazin Sebastien reported acquisition or exercise transactions in this Form 4 filing.
GENERAL ELECTRIC CO director Sebastien Bazin received an equity grant as part of his board compensation. He was awarded 678 shares in the form of Restricted Stock Units (RSUs) at no cash cost, increasing his direct holdings to 2,830 common shares.
The RSUs were granted under GE’s 2022 Long-Term Incentive Plan and will vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders following the grant date. Any vested RSUs will be settled in shares one year after Bazin’s termination of service as a director, highlighting that this is a deferred, service-based award rather than an immediate cash transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bazin Sebastien
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,830 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 678 shares
Holdings after grant: 2,830 shares
Grant price: $0.00 per share
3 metrics
RSUs granted
678 shares
Restricted Stock Units granted on 2026-05-05
Holdings after grant
2,830 shares
Direct GE common stock ownership following transaction
Grant price
$0.00 per share
Equity award granted at no cash cost to director
Key Terms
Restricted Stock Units (RSUs), 2022 Long-Term Incentive Plan, vest, annual meeting of shareholders, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) granted under the 2022 Long-Term Incentive Plan"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2022 Long-Term Incentive Plan financial
"RSUs granted under the 2022 Long-Term Incentive Plan, which will vest on the earlier of"
vest financial
"which will vest on the earlier of (i) the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"Vested RSUs will be settled one year after termination of service as a director"
FAQ
What did GE (GE) director Sebastien Bazin report on this Form 4 filing?
Sebastien Bazin reported receiving 678 Restricted Stock Units as part of his director compensation. These RSUs increase his direct holdings to 2,830 GE common shares and are granted at no cash cost under the company’s 2022 Long-Term Incentive Plan.
When do Sebastien Bazin’s newly granted GE RSUs vest?
The RSUs vest on the earlier of the first anniversary of the grant date or the next GE annual shareholders’ meeting. This vesting schedule ties Bazin’s compensation to at least one full year of board service or through the next annual meeting milestone.
Under which plan were Sebastien Bazin’s GE RSUs granted and what does it imply?
The RSUs were granted under GE’s 2022 Long-Term Incentive Plan. This indicates the award is part of a structured equity compensation program designed to reward directors over time and link their compensation to GE’s long-term performance and shareholder value.