GE (NYSE: GE) director receives 517 RSUs vesting over service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Althoff Judson reported acquisition or exercise transactions in this Form 4 filing.
GENERAL ELECTRIC CO director Judson Althoff reported an equity award rather than an open-market trade. He received 517 shares of common stock in the form of Restricted Stock Units (RSUs) at no cash cost, increasing his direct holdings to 517 shares. These RSUs were granted under the company’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. Vested RSUs are scheduled to be settled in shares one year after his service as a director ends, highlighting that this is primarily long-term, service-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Althoff Judson
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 517 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 517 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 517 shares
Grant price: $0.00 per share
Holdings after grant: 517 shares
+3 more
6 metrics
RSUs granted
517 shares
Restricted Stock Units in GE common stock granted to director
Grant price
$0.00 per share
Stated transaction price for RSU award
Holdings after grant
517 shares
Total GE common stock directly held by Judson Althoff after transaction
Vesting trigger
Earlier of 1-year or next annual meeting
Time- and event-based vesting condition for RSUs
Settlement timing
1 year after service ends
Vested RSUs settled one year after termination of director service
Incentive plan
2022 Long-Term Incentive Plan
Plan under which the RSUs were granted
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"
vest financial
"which will vest on the earlier of (i) the first anniversary"
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 as a director financial
"Vested RSUs will be settled one year after termination of service as a director"
FAQ
What did GE director Judson Althoff report in this Form 4 filing for GE?
Judson Althoff reported receiving 517 Restricted Stock Units in GENERAL ELECTRIC CO common stock. The award is compensation-based, not an open-market purchase or sale, and increases his directly held shares to 517 after the transaction.
When do Judson Althoff’s GE Restricted Stock Units from this grant vest?
The 517 RSUs granted to Judson Althoff vest on the earlier of the first anniversary of the grant date or the next GE annual meeting of shareholders. This time-based schedule ties vesting to continued board service or the upcoming shareholder meeting.
Under which plan were Judson Althoff’s GE RSUs granted in this Form 4?
Judson Althoff’s 517 Restricted Stock Units were granted under GENERAL ELECTRIC CO’s 2022 Long-Term Incentive Plan. This plan provides equity-based compensation to align directors’ interests with shareholders through time-vested awards in company common stock.
Does this GE Form 4 show Judson Althoff buying or selling stock on the market?
The filing shows no open-market buying or selling by Judson Althoff. It reports a grant of 517 Restricted Stock Units as compensation, classified as an acquisition through award, rather than a discretionary trade in GE common stock.