GE (NYSE: GE) SVP gains stock from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL ELECTRIC CO Senior Vice President Riccardo Procacci reported routine equity compensation activity. On May 1, 2026, he exercised 966 Restricted Stock Units, converting them into the same number of GE common shares. In connection with this vesting, 416 common shares were disposed of as a tax-withholding disposition at $286.51 per share, meaning the shares were withheld to cover tax obligations rather than sold in the open market. Following these transactions, he directly owned 32,447 GE common shares, and 967 Restricted Stock Units remained outstanding, each representing a contingent right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
966 shares exercised/converted
Mixed
3 txns
Insider
Procacci Riccardo
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 966 | $0.00 | -- |
| Exercise | Common Stock | 966 | $0.00 | -- |
| Tax Withholding | Common Stock | 416 | $286.51 | $119K |
Holdings After Transaction:
Restricted Stock Units — 967 shares (Direct, null);
Common Stock — 32,447 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock. 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 shares
Tax-withholding shares: 416 shares
Post-transaction holdings: 32,447 shares
+2 more
5 metrics
RSUs exercised
966 shares
Restricted Stock Units converted to GE common stock on May 1, 2026
Tax-withholding shares
416 shares
Common shares disposed of for tax withholding at $286.51 per share
Post-transaction holdings
32,447 shares
GE common shares directly owned after transactions
Remaining RSUs
967 units
Restricted Stock Units outstanding after the reported exercise
Tax-withholding price
$286.51/share
Price used for 416-share tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, derivative security
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock."
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.
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
derivative security financial
"transaction_code_description": "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.
FAQ
What did GE Senior Vice President Riccardo Procacci report in this Form 4 for GE?
Riccardo Procacci reported routine equity compensation activity. He exercised 966 Restricted Stock Units into GE common stock and had 416 common shares withheld to cover tax obligations, leaving him with 32,447 directly owned shares and 967 remaining RSUs.
What happened to Riccardo Procacci’s Restricted Stock Units in this GE Form 4?
He exercised 966 Restricted Stock Units, each converting into one GE common share. After this vesting event, 967 Restricted Stock Units remained outstanding, continuing to represent contingent rights to receive additional GE common shares in the future, subject to their terms.
Was there an open-market purchase or sale of GE stock in this Form 4 filing?
The filing does not show any open-market purchases or sales. Instead, it records a derivative exercise of 966 Restricted Stock Units and a related tax-withholding disposition of 416 shares, both typical of equity compensation vesting rather than discretionary market trading.