GE (NYSE: GE) director granted 678-share RSU-based equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goren Isabella D reported acquisition or exercise transactions in this Form 4 filing.
GENERAL ELECTRIC CO director Isabella D. Goren received a grant of 678 shares of common stock as equity compensation. The award was made at no cash cost to her and increased her direct holdings to 2,830 shares of GE common stock.
The footnotes explain that the award consists of Restricted Stock Units granted under the 2022 Long-Term Incentive Plan. These RSUs will vest on the earlier of the first anniversary of the grant date or the next annual meeting of shareholders, tying the compensation to continued service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goren Isabella D
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)
- [object Object]
Key Figures
Equity award: 678 shares
Holdings after award: 2,830 shares
Grant price per share: $0.00 per share
3 metrics
Equity award
678 shares
Grant of GE common stock to director Isabella Goren
Holdings after award
2,830 shares
Total GE common shares directly held after transaction
Grant price per share
$0.00 per share
Director equity award granted at no cash cost
Key Terms
Restricted Stock Units (RSUs), 2022 Long-Term Incentive Plan, transaction code "A"
3 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"
transaction code "A" financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did GE director Isabella Goren report in this Form 4 filing for GE?
Director Isabella Goren reported receiving 678 shares of GE common stock as an equity award. The grant was made at no cash cost and increased her direct holdings to 2,830 shares, reflecting routine director compensation rather than an open-market stock purchase or sale.
Was the GE Form 4 transaction a market purchase or sale of stock?
The Form 4 transaction was not a market purchase or sale. It reflects a grant of 678 GE shares as equity compensation with a transaction code "A" for an award, meaning no price was paid per share and it was issued under the company’s incentive plan.
What type of equity award did Isabella Goren receive from GE in this filing?
The award consists of Restricted Stock Units (RSUs) granted under GE’s 2022 Long-Term Incentive Plan. These RSUs represent a right to receive GE shares in the future, subject to vesting conditions, rather than an immediate open-market acquisition or sale of existing shares.
When will Isabella Goren’s GE RSU award from this Form 4 vest?
The RSU award will vest on the earlier of the first anniversary of the grant date or the next GE annual meeting of shareholders. This vesting schedule links the value of the award to her continued board service through that time period, aligning director incentives with shareholders.