GE executive exercises RSUs, holds 32,031 shares
Riccardo Procacci, Senior Vice President of General Electric, exercised 966 Restricted Stock Units into an equal number of shares of common stock on May 1, 2026.
Rhea-AI Filing Summary
Riccardo Procacci, Senior Vice President of General Electric, exercised 966 Restricted Stock Units into an equal number of shares of common stock on May 1, 2026. To cover tax obligations, 416 shares were withheld at $286.51 per share. After these transactions, he directly held 32,031 shares of GE common stock. The Restricted Stock Units were granted May 1, 2024 and vest in two equal 50% installments on the second and third anniversaries of the grant date.
Insider Trade Summary
966 shares exercised/converted
Exercise
3 txns
Insider
Procacci Riccardo
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 966 | $0.00 | $0.00 |
| Exercise | Common Stock | 966 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 416 | $286.51 | $119K |
Holdings After Transaction:
Restricted Stock Units — 967 contracts (Direct);
Common Stock — 32,031 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock.
- F2. The Restricted Stock Units were granted on May 1, 2024, and vest in two equal installments of 50% each, on the second and third anniversary of the grant date.
Key Figures
RSUs Exercised: 966 Restricted Stock Units
Shares Acquired: 966 shares
Tax Withholding Shares: 416 shares
+3 more
6 metrics
RSUs Exercised
966 Restricted Stock Units
Converted into 966 shares of GE common stock on May 1, 2026
Shares Acquired
966 shares
GE common stock received from RSU conversion on May 1, 2026
Tax Withholding Shares
416 shares
GE common shares delivered to satisfy tax liability
Tax Withholding Price
$286.51 per share
Price applied to 416 GE shares withheld for taxes
Post-transaction Holdings
32,031 shares
Direct GE common stock held by Procacci after reported transactions
RSU Vesting Structure
2 installments, 50% each
Restricted Stock Units granted May 1, 2024 vest in two equal tranches
Key Terms
Restricted Stock Units, derivative security, tax-withholding disposition, contingent right
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"represents a contingent right to receive one share of the issuer's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did GE (GE) executive Riccardo Procacci report on this Form 4?
Riccardo Procacci exercised 966 Restricted Stock Units into common stock on May 1, 2026, and 416 shares of GE common stock were disposed of to satisfy tax liabilities. These moves reflect RSU vesting and related tax-withholding rather than open-market trading.
What is the vesting schedule for Riccardo Procacci’s GE (GE) Restricted Stock Units granted May 1, 2024?
The May 1, 2024 grant of Restricted Stock Units vests in two equal installments of 50%, on the second and third anniversaries of the grant date. Each vested unit converts into one share of GE common stock upon settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
