GE SVP Procacci exercises RSUs, receives share award
GENERAL ELECTRIC CO Senior Vice President Riccardo Procacci reported multiple equity transactions dated March 1, 2026.
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,345 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,877 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,051 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,894 | $342.26 | $1.33M |
| Exercise | Common Stock | 15,345 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,599 | $342.26 | $2.26M |
| Exercise | Common Stock | 2,877 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,238 | $342.26 | $424K |
Footnotes (4)
- F1. Settlement of performance rights granted on March 1, 2023.
- F2. Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock.
- F3. 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.
- F4. The Restricted Stock Units in this grant are fully vested.
FAQ
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What did GE executive Riccardo Procacci report on this Form 4 for GE?
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