GE HealthCare director awarded stock units
CULP H LAWRENCE JR reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
CULP H LAWRENCE JR reported acquisition or exercise transactions in this Form 4 filing.
GE HealthCare Technologies Inc. director H. Lawrence Culp Jr. reported equity-based compensation awards rather than open-market trades. He received 4,157 restricted stock units and 3,586 fully vested deferred stock units of common stock, both at no cash cost, as part of director compensation. Following these awards, he holds additional common stock directly and also indirectly through family trusts and a holding company.
Insider Trade Summary
Grant/Award: 7,743 shares
Grant/Award
4 txns
Insider
CULP H LAWRENCE JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 3,586 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 4,157 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 20,442 shares (Direct);
Common Stock, par value $0.01 per share — 151,207 shares (Indirect, By holding company);
Common Stock, par value $0.01 per share — 328,268 shares (Indirect, By family trusts)
Footnotes (3)
- F1. Award of restricted stock units with respect to GE HealthCare Technologies Inc. ("GE HealthCare") common stock, of which 100% will vest on the earlier of: (i) the date of GE HealthCare's next annual meeting of stockholders and (ii) May 7, 2027. Settlement of vested restricted stock units may be deferred by the director, in which case, settlement will occur pursuant to the reporting person's applicable deferral election in accordance with GE HealthCare's Non-Employee Director Compensation and Benefits Plan (the "Plan").
- F2. Each restricted stock unit and deferred stock unit represents the right to receive, at settlement, one share of GE HealthCare common stock.
- F3. Award of fully vested deferred stock units with respect to GE HealthCare common stock. The reporting person elected, in accordance with the Plan, to receive fully vested deferred stock units in lieu of 100% of the cash retainer awarded to the reporting person. Settlement will occur pursuant to the reporting person's applicable deferral election.
Key Figures
Restricted stock units granted: 4,157 units
Deferred stock units granted: 3,586 units
Direct holdings after RSU award: 20,442 shares
+3 more
6 metrics
Restricted stock units granted
4,157 units
Award of RSUs that vest by May 7, 2027 or next annual meeting
Deferred stock units granted
3,586 units
Fully vested deferred stock units in lieu of cash retainer
Direct holdings after RSU award
20,442 shares
Total direct common shares following RSU-related entry
Direct holdings after deferred unit entry
16,285 shares
Total direct common shares following deferred unit-related entry
Indirect family trust holdings
328,268 shares
Common stock held indirectly through family trusts
Indirect holding company shares
151,207 shares
Common stock held indirectly through a holding company
Key Terms
restricted stock units, deferred stock units, Non-Employee Director Compensation and Benefits Plan, cash retainer
4 terms
restricted stock units financial
"Award of restricted stock units with respect to GE HealthCare Technologies Inc. common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock units financial
"Award of fully vested deferred stock units with respect to GE HealthCare common stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Non-Employee Director Compensation and Benefits Plan financial
"in accordance with GE HealthCare's Non-Employee Director Compensation and Benefits Plan"
cash retainer financial
"to receive fully vested deferred stock units in lieu of 100% of the cash retainer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GEHC director H. Lawrence Culp Jr. acquire in this Form 4?
H. Lawrence Culp Jr. received equity awards, not open-market purchases. He was granted 4,157 restricted stock units and 3,586 fully vested deferred stock units of GE HealthCare common stock as part of his director compensation program.
How and when do the GEHC restricted stock units for H. Lawrence Culp Jr. vest?
The 4,157 restricted stock units will vest 100% on the earlier of GE HealthCare’s next annual stockholders’ meeting or May 7, 2027. After vesting, settlement timing follows the director’s deferral election under the company’s Non-Employee Director Compensation and Benefits Plan.
What are the fully vested deferred stock units reported by GEHC for H. Lawrence Culp Jr.?
The 3,586 deferred stock units are fully vested awards of GE HealthCare common stock units. Culp elected to receive these units instead of 100% of his cash retainer, with settlement timing governed by his deferral election under the company’s director compensation plan.
What does each GE HealthCare restricted or deferred stock unit represent for H. Lawrence Culp Jr.?
Each restricted stock unit and each deferred stock unit reported represents the right to receive one share of GE HealthCare common stock at settlement. Settlement occurs according to the director’s applicable deferral election under the company’s Non-Employee Director Compensation and Benefits Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
