General Electric Company announced a Board change: on September 29, 2025 the Board elected Wesley G. Bush as a director effective December 1, 2025, and current director Stephen Angel plans to resign effective December 4, 2025 following his new role as CEO of CSX Corp.
The Board will temporarily increase its size to add Mr. Bush and will decrease it after Mr. Angel’s departure. The Board determined Mr. Bush is an independent director under NYSE standards and appointed him to the Audit Committee. Following Mr. Angel’s resignation, Catherine Lesjak will chair the Management Development & Compensation Committee and Thomas Horton will chair the Governance & Public Affairs Committee. Mr. Bush will receive the same independent-director compensation outlined in the company’s 2025 proxy statement.
Rahul Ghai, identified as Senior Vice President at GE Aerospace, reported multiple transactions in General Electric Company (GE) stock on 09/01/2025. The filing shows Restricted Stock Units (RSUs) treated as acquisitions: 15,239 and 37,249 RSUs were recorded as acquired (transaction code M) with a $0 price, reflecting contingent rights to common shares from grants dated 09/01/2022 that vest over one to three years. The filing also reports open-market or plan sales (transaction code F) of 7,062 and 17,262 shares at $275.20 each. Post-transaction beneficial ownership totals are reported for multiple lines, and one line notes indirect ownership "I by decendant's trust". The form is signed by an attorney-in-fact on 09/03/2025.
General Electric Senior Vice President Ali Mohamed exercised fully vested employee stock options for 1,517 shares of common stock at an exercise price of 146.33 per share on August 5, 2025, then sold 1,141 shares at 268.80 and 376 shares at 268.76. Following these transactions he holds 8,384 GE common shares directly and 1 share indirectly through a descendant.