GE (GE) director Sebastien Bazin granted 106 phantom stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL ELECTRIC CO director Sebastien Bazin received a compensation grant of 106 Phantom Stock Units. The units were acquired at a price of $344.09 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. Following this grant, Bazin holds 1,316 Phantom Stock Units, which are payable beginning one year after his termination of service as a director.
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 | Phantom Stock Units | 106 | $344.09 | $36K |
Holdings After Transaction:
Phantom Stock Units — 1,316 shares (Direct, null)
Footnotes (1)
- Acquired at a price of $344.09 per unit pursuant to the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan. Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock. Payable beginning one year after termination of service as a director.
Key Figures
Phantom Stock Units granted: 106 units
Grant price per unit: $344.09 per unit
Total Phantom Stock Units after grant: 1,316 units
+1 more
4 metrics
Phantom Stock Units granted
106 units
Award on 2026-06-30 under 2024 Non-Employee Director Compensation Plan
Grant price per unit
$344.09 per unit
Acquisition price for Phantom Stock Units
Total Phantom Stock Units after grant
1,316 units
Holdings following the reported transaction
Underlying common stock equivalence
1 unit = 1 share
Each Phantom Stock Unit equals one GE common share economically
Key Terms
Phantom Stock Units, GE Aerospace 2024 Non-Employee Director Compensation Plan, economic equivalent, payable beginning one year after termination of service
4 terms
Phantom Stock Units financial
"security_title: "Phantom Stock Units" and each unit equals one share of common stock"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
GE Aerospace 2024 Non-Employee Director Compensation Plan financial
"Acquired at a price of $344.09 per unit pursuant to the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan."
economic equivalent financial
"Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock."
payable beginning one year after termination of service financial
"Payable beginning one year after termination of service as a director."
FAQ
What insider transaction did GE director Sebastien Bazin report on this Form 4 for GE?
Sebastien Bazin reported receiving 106 Phantom Stock Units as a compensation grant. The units were awarded under the GE Aerospace 2024 Non-Employee Director Compensation Plan at $344.09 per unit and are economically equivalent to GE common stock.
How many GE Phantom Stock Units does Sebastien Bazin hold after this reported grant?
After the reported grant, Sebastien Bazin holds a total of 1,316 Phantom Stock Units. This total reflects his updated balance in these equity-based awards tied to GE’s common stock under the director compensation program.
At what price were the GE Phantom Stock Units granted to director Sebastien Bazin?
The 106 Phantom Stock Units were acquired at a price of $344.09 per unit. This price is specified under the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan governing the non-employee director awards.
What does each GE Phantom Stock Unit represent for Sebastien Bazin’s Form 4 award?
Each Phantom Stock Unit is the economic equivalent of one share of GE common stock. This means the value of the units tracks GE’s stock price, giving Bazin equity-linked compensation without immediate share issuance.
When can Sebastien Bazin receive payment for his GE Phantom Stock Units?
The Phantom Stock Units are payable beginning one year after Sebastien Bazin’s termination of service as a director. This defers payment until after he leaves the board, aligning compensation timing with his board tenure.