General Electric (NYSE: GE) SVP exercises options and sells 1,517 shares
Rhea-AI Filing Summary
General Electric senior vice president Riccardo Procacci exercised 1,517 employee stock options on 2026-07-23 at an exercise price of $146.33 per share, converting them into 1,517 shares of common stock. The fully vested options from this grant were scheduled to expire on 2026-09-30. On the same day, he sold common stock in two transactions totaling 1,517 shares, consisting of 1,026 shares at $347.93 per share and 491 shares at $347.90 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,517 shares ($306K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Procacci Riccardo
Role
Senior Vice President
Sold
1,517 shs ($528K)
Approx. gross sale proceeds
$528K
Approx. exercise cost
$222K
Approx. pre-tax spread
$306K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 1,517 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,517 | $146.33 | $222K |
| Sale | Common Stock | 1,026 | $347.93 | $357K |
| Sale | Common Stock | 491 | $347.90 | $171K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 32,031 shares (Direct)
Footnotes (2)
- F1. Exercise of Employee Stock Options expiring in September 2026.
- F2. The Employee Stock Options in this grant are fully vested.
Key Figures
Options exercised: 1,517 shares
Exercise price: $146.33 per share
Common shares sold (first trade): 1,026 shares
+3 more
6 metrics
Options exercised
1,517 shares
Employee stock options converted into common stock on 2026-07-23
Exercise price
$146.33 per share
Exercise price of the employee stock options
Common shares sold (first trade)
1,026 shares
Common stock sold at $347.93 per share on 2026-07-23
Common shares sold (second trade)
491 shares
Common stock sold at $347.90 per share on 2026-07-23
Sale prices
$347.93 and $347.90 per share
Per-share prices for the two common stock sale transactions
Option expiration date
2026-09-30
Scheduled expiration date of the exercised employee stock options grant
Key Terms
Employee Stock Option (right to buy), Exercise or conversion of derivative security, derivative security, Senior Vice President
4 terms
Employee Stock Option (right to buy) financial
"security title listed as "Employee Stock Option (right to buy)""
Exercise or conversion of derivative security financial
"transaction code description "Exercise or conversion of derivative security""
derivative security financial
"described in the context of an option as a "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.
Senior Vice President other
"officer title disclosed as "Senior Vice President""
A senior vice president is a high-ranking executive within a company who oversees large parts of the organization and helps shape its overall strategy. They are often just below top leadership, making important decisions that can impact the company's success. For investors, this role indicates a person with significant responsibility and influence, which can affect the company's stability and growth prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GE (GE) executive Riccardo Procacci report?
Riccardo Procacci reported exercising 1,517 employee stock options at $146.33 per share and converting them into common stock, then selling 1,517 GE common shares in two same-day transactions at prices around $347.90 per share.
What GE (GE) stock options did Riccardo Procacci exercise in this Form 4?
He exercised 1,517 Employee Stock Options with an exercise price of $146.33 per share. According to the notes, this grant of employee stock options was fully vested and scheduled to expire on 2026-09-30 before exercise.
What is notable about the GE (GE) stock options grant involved in this transaction?
The employee stock options were described as fully vested and were due to expire on 2026-09-30. After Procacci exercised 1,517 options, the reported remaining shares for that specific option grant were 0.