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GE (GE) SVP Procacci settles RSUs, taxed via share withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GENERAL ELECTRIC CO Senior Vice President Riccardo Procacci reported multiple equity transactions dated March 1, 2026. He exercised previously granted restricted stock units into common stock, received a 9,051-share common stock award, and had several blocks of shares withheld at $342.26 per share to cover tax obligations. Footnotes indicate the restricted stock units were granted in 2023 and are now fully vested.

Positive

  • None.

Negative

  • None.

Insights

Routine GE executive equity vesting, awards, and tax withholding.

Senior Vice President Riccardo Procacci exercised restricted stock units (RSUs) into common shares and received a 9,051-share stock award. Several transactions with code M reflect derivative exercises or conversions of RSUs granted in 2023, now fully vested.

Transactions with code F show share disposals at $342.2600 per share to satisfy tax liabilities, a common non-cash feature of equity compensation. Overall, the mix of acquisitions and tax-withholding dispositions represents routine executive compensation activity rather than discretionary market buying or selling.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Procacci Riccardo

(Last) (First) (Middle)
GE AEROSPACE
1 NEUMANN WAY

(Street)
EVENDALE OH 45215

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENERAL ELECTRIC CO [ GE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 03/01/2026 A 9,051 A $0 24,990 D
Common Stock 03/01/2026 F 3,894 D $342.26 21,096 D
Common Stock 03/01/2026 M 15,345 A $0 36,441 D
Common Stock 03/01/2026 F 6,599 D $342.26 29,842 D
Common Stock 03/01/2026 M 2,877 A $0 32,719 D
Common Stock 03/01/2026 F 1,238 D $342.26 31,481 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 03/01/2026 M 15,345 (3) (3) Common Stock 15,345 $0 15,345 D
Restricted Stock Units (2) 03/01/2026 M 2,877 (4) (4) Common Stock 2,877 $0 0 D
Explanation of Responses:
1. Settlement of performance rights granted on March 1, 2023.
2. Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock.
3. The Restricted Stock Units were granted on March 1, 2023, and vest in two equal installments of 50% each, on the third and fourth anniversary of the grant date.
4. The Restricted Stock Units in this grant are fully vested.
Remarks:
/s/ Kira Schwartz, attorney in fact for Riccardo Procacci 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did GE executive Riccardo Procacci report on this Form 4 for GE?

Riccardo Procacci reported exercises of restricted stock units, a 9,051-share common stock award, and share disposals to cover taxes. These transactions reflect settlement and vesting of prior equity grants rather than open-market purchases or sales of GE common stock.

Did Riccardo Procacci buy or sell GE shares on the open market?

The Form 4 does not show open-market buys or sells. It reports derivative exercises of restricted stock units, a stock award, and Form F transactions where shares were withheld at $342.26 per share to pay tax obligations on those awards and exercises.

What do the restricted stock unit transactions mean for GE Senior Vice President Procacci?

The restricted stock unit transactions show prior equity awards settling into GE common shares. Footnotes state these units were granted March 1, 2023 and are now fully vested, with each unit representing a right to receive one share of the company’s common stock upon settlement.

Why were some GE shares disposed of at $342.26 per share in this Form 4?

Disposals at $342.26 per share are coded F, indicating shares delivered to cover exercise price or tax liabilities. This is a standard tax-withholding mechanism for equity awards, where a portion of vested or exercised shares is surrendered instead of paying cash taxes.

How many GE common shares were awarded to Riccardo Procacci in this filing?

One transaction shows an acquisition of 9,051 GE common shares coded A, described as a grant, award, or other acquisition. This award is separate from shares received through restricted stock unit exercises and from shares withheld to satisfy related tax obligations.
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