GE director granted 678 restricted stock units
Bazin Sebastien reported acquisition or exercise transactions in this Form 4 filing.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 678 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Stock Units (RSUs) granted under the 2022 Long-Term Incentive Plan, which will vest on the earlier of (i) the first anniversary of the grant date and (ii) the next annual meeting of shareholders of the Company following the grant date. Vested RSUs will be settled one year after termination of service as a director.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
2022 Long-Term Incentive Plan financial
vest financial
termination of service financial
FAQ
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What did GE (GE) director Sebastien Bazin report on this Form 4 filing?
When do Sebastien Bazin’s newly granted GE RSUs vest?
Under which plan were Sebastien Bazin’s GE RSUs granted and what does it imply?
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