General Electric (GE) director adds 117 phantom stock units under 2024 plan
Rhea-AI Filing Summary
General Electric Co. director reports phantom stock award. The filing shows that director Sebastien Bazin acquired 117 Phantom Stock Units on 12/31/2025 at a price of $299.63 per unit under the GE Aerospace 2024 Non-Employee Director Compensation Plan. Each Phantom Stock Unit is the economic equivalent of one share of GE common stock and is designed to mirror the value of the company’s stock over time. The units are scheduled to be paid in common stock beginning one year after Bazin’s termination of service as a director, aligning a portion of his compensation with long-term shareholder value.
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FAQ
What insider transaction did GE (GE) report for director Sebastien Bazin?
The company reported that director Sebastien Bazin acquired 117 Phantom Stock Units on 12/31/2025 under the GE Aerospace 2024 Non-Employee Director Compensation Plan.
What are the key terms of the Phantom Stock Units reported by GE (GE)?
Each Phantom Stock Unit is the economic equivalent of one share of GE common stock and was acquired at $299.63 per unit pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan.
When will the Phantom Stock Units granted to GE director Sebastien Bazin be paid?
The Phantom Stock Units are stated to be payable beginning one year after termination of service as a director, tying payout timing to the end of board service.
Is the reported GE (GE) transaction part of director compensation?
Yes. The filing explains that the 117 Phantom Stock Units were acquired pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan, indicating they are a form of director compensation.
Does this GE (GE) filing involve derivative securities?
Yes. The transaction is reported in Table II – Derivative Securities and identifies the instrument as Phantom Stock Units, which are derivatives tied to GE common stock.
How many derivative securities does GE director Sebastien Bazin hold after this transaction?
After the reported acquisition, the filing shows 1,092 Phantom Stock Units beneficially owned, held with direct ownership.