GE director granted 114 phantom 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 a grant of 114 Phantom Stock Units tied to GE common stock. The units were awarded at a reference price of $306.32 per unit under the GE Aerospace 2024 Non-Employee Director Compensation Plan. Each Phantom Stock Unit is economically equivalent to one share of GE common stock and is payable beginning one year after Bazin’s termination of service as a director. Following this award, Bazin holds a total of 1,208 Phantom Stock Units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 114 | $306.32 | $35K |
Footnotes (3)
- F1. Acquired at a price of $306.32 per unit pursuant to the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan.
- F2. Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock.
- F3. Payable beginning one year after termination of service as a director.
Key Figures
Key Terms
Phantom Stock Units financial
economic equivalent financial
deferred compensation financial
Non-Employee Director Compensation Plan financial
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