GE HealthCare (NASDAQ: GEHC) director granted 3,586 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lobo Kevin reported acquisition or exercise transactions in this Form 4 filing.
GE HealthCare Technologies Inc. director Kevin Lobo reported an equity award of restricted stock units covering 3,586 shares of common stock. The award represents a grant, not an open-market purchase, and increased his direct holdings to 4,363 shares.
The filing notes that 100% of these restricted stock units will vest on the earlier of the company’s next annual meeting of stockholders or May 7, 2027. Each unit delivers one share of GE HealthCare common stock at settlement, and settlement may be deferred under the company’s Non-Employee Director Compensation and Benefits Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lobo Kevin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 3,586 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 4,363 shares (Direct, null)
Footnotes (1)
- 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. Each restricted stock unit represents the right to receive, at settlement, one share of GE HealthCare common stock.
Key Figures
RSU grant size: 3,586 restricted stock units
Shares after award: 4,363 shares
Vesting date latest: May 7, 2027
+2 more
5 metrics
RSU grant size
3,586 restricted stock units
Award of GE HealthCare common stock units to director Kevin Lobo
Shares after award
4,363 shares
Total direct holdings following the RSU grant
Vesting date latest
May 7, 2027
Full vesting occurs by this date if not earlier at the next annual meeting
Vesting schedule
100% cliff vest
All RSUs vest at once on earlier of next annual meeting or May 7, 2027
Award price per share
$0.00 per share
Compensation grant with no cash paid by the director
Key Terms
restricted stock units, vesting, settlement, Non-Employee Director Compensation and Benefits Plan
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.
vesting financial
"100% will vest on the earlier of the date of GE HealthCare's next annual meeting of stockholders and May 7, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"Each restricted stock unit represents the right to receive, at settlement, one share of GE HealthCare common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Non-Employee Director Compensation and Benefits Plan financial
"in accordance with GE HealthCare's Non-Employee Director Compensation and Benefits Plan"
FAQ
What insider transaction did GEHC director Kevin Lobo report?
Kevin Lobo reported receiving 3,586 restricted stock units in GE HealthCare common stock. This is a grant as board compensation, not an open-market share purchase, and it increased his direct holdings to 4,363 shares after the award.
When do Kevin Lobo’s GEHC restricted stock units vest?
All 3,586 restricted stock units vest 100% on the earlier of GE HealthCare’s next annual stockholder meeting or May 7, 2027. This time-based vesting schedule is typical for non-employee director compensation awards tied to continued board service.
What does each GEHC restricted stock unit granted to Kevin Lobo represent?
Each restricted stock unit represents the right to receive one share of GE HealthCare common stock at settlement. Once the vesting conditions are met and any deferral elections are satisfied, the company delivers the corresponding number of common shares.
Can Kevin Lobo defer settlement of his GEHC restricted stock units?
Yes. Settlement of vested restricted stock units may be deferred under GE HealthCare’s Non-Employee Director Compensation and Benefits Plan. In that case, payout timing follows his applicable deferral election, rather than occurring immediately upon vesting.