STOCK TITAN

GE Vernova (NYSE: GEV) CEO exercises options with share-based tax payments

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GE Vernova Inc. CEO & President Scott Strazik reported routine equity compensation transactions involving company common stock. He exercised employee stock options covering 22,742 shares at $92.13 per share and 21,754 shares at $149.78 per share, converting options into common stock.

To cover tax obligations, he disposed of 11,987 shares at $1,115.60 per share and 12,273 shares at $1,114.88 per share through tax-withholding, not open-market sales. Following these transactions, he directly holds 153,800 common shares and also has indirect holdings of 1,287 shares through his spouse's 401(k) and 2,353 shares through his own 401(k).

Footnotes state the option exercises were executed on a net settlement basis in anticipation of their September 30, 2026 and November 17, 2027 expiration dates and did not result in any open market transactions.

Positive

  • None.

Negative

  • None.
Insider Strazik Scott
Role CEO & President
Type Security Shares Price Value
Exercise Employee Stock Option (right to buy) 21,754 $149.78 $3.26M
Exercise Employee Stock Option (right to buy) 22,742 $92.13 $2.10M
Exercise Common stock, par value $0.01 per share 21,754 $149.78 $3.26M
Tax Withholding Common stock, par value $0.01 per share 12,273 $1,114.88 $13.68M
Exercise Common stock, par value $0.01 per share 22,742 $92.13 $2.10M
Tax Withholding Common stock, par value $0.01 per share 11,987 $1,115.60 $13.37M
holding Common stock, par value $0.01 per share -- -- --
holding Common stock, par value $0.01 per share -- -- --
Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct, null); Common stock, par value $0.01 per share — 153,800 shares (Direct, null); Common stock, par value $0.01 per share — 2,353 shares (Indirect, By 401(k))
Footnotes (1)
  1. The options vested in five installments on September 30, 2017, 2018, 2019, 2020 and 2021. The options exercise was executed in anticipation of the September 30, 2026 expiration date on a net settlement basis and did not result in an open market transaction. The options vested in five installments on November 17, 2018, 2019, 2020, 2021 and 2022. The options exercise was executed in anticipation of the November 17, 2027 expiration date on a net settlement basis and did not result in an open market transaction.
Options exercised at $92.13 22,742 shares Employee stock option exercise at $92.13 per share on April 27, 2026
Options exercised at $149.78 21,754 shares Employee stock option exercise at $149.78 per share on April 27, 2026
Shares withheld for taxes 24,260 shares Tax-withholding dispositions of 11,987 and 12,273 shares on April 27, 2026
Direct common shares held 153,800 shares Direct GE Vernova common stock ownership after transactions
Spouse 401(k) indirect holdings 1,287 shares Indirect ownership via spouse's 401(k) plan
401(k) indirect holdings 2,353 shares Indirect ownership via reporting person's 401(k) plan
Employee Stock Option financial
"security_title: Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
net settlement basis financial
"options exercise was executed on a net settlement basis"
indirect ownership financial
"ownership_type: indirect via spouse's 401(k) and 401(k)"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Strazik Scott

(Last)(First)(Middle)
58 CHARLES STREET

(Street)
CAMBRIDGE MASSACHUSETTS 02141

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GE Vernova Inc. [ GEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO & President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common stock, par value $0.01 per share04/27/2026M21,754A$149.78153,800D
Common stock, par value $0.01 per share04/27/2026F12,273D$1,114.88141,527D
Common stock, par value $0.01 per share04/27/2026M22,742A$92.13164,269D
Common stock, par value $0.01 per share04/27/2026F11,987D$1,115.6152,282D
Common stock, par value $0.01 per share2,353IBy 401(k)
Common stock, par value $0.01 per share1,287IBy spouse's 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$149.7804/27/2026M21,754 (1)(2)09/30/2026Common stock, par value $0.01 per share21,754$149.780D
Employee Stock Option (right to buy)$92.1304/27/2026M22,742 (3)(4)11/17/2027Common stock, par value $0.01 per share22,742$92.130D
Explanation of Responses:
1. The options vested in five installments on September 30, 2017, 2018, 2019, 2020 and 2021.
2. The options exercise was executed in anticipation of the September 30, 2026 expiration date on a net settlement basis and did not result in an open market transaction.
3. The options vested in five installments on November 17, 2018, 2019, 2020, 2021 and 2022.
4. The options exercise was executed in anticipation of the November 17, 2027 expiration date on a net settlement basis and did not result in an open market transaction.
Remarks:
/s/ Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact04/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did GE Vernova (GEV) CEO Scott Strazik report in this Form 4?

Scott Strazik reported exercising employee stock options and related tax-withholding share dispositions. He converted options into GE Vernova common stock and used a portion of the resulting shares to satisfy tax obligations, with no open market stock sales disclosed in these transactions.

How many GE Vernova options did the CEO exercise in this filing?

The CEO exercised options covering a total of 44,496 GE Vernova common shares. These included 22,742 shares at a $92.13 exercise price and 21,754 shares at $149.78, converting previously granted employee stock options into directly held common stock.

Were any of the GE Vernova CEO’s transactions open market sales?

The filing indicates there were no open market sales. Footnotes explain the option exercises were completed on a net settlement basis in anticipation of upcoming expiration dates, and tax obligations were satisfied by delivering shares rather than selling stock in the open market.

How many GE Vernova shares were withheld for the CEO’s tax obligations?

A total of 24,260 GE Vernova common shares were used for tax withholding. This consisted of 11,987 shares at $1,115.60 per share and 12,273 shares at $1,114.88, classified as tax-withholding dispositions rather than ordinary market sales.

What are Scott Strazik’s GE Vernova share holdings after these transactions?

After the reported transactions, Scott Strazik directly holds 153,800 GE Vernova common shares. He also has indirect ownership of 1,287 shares through his spouse’s 401(k) plan and 2,353 shares through his own 401(k), as disclosed in the Form 4.

When were the exercised GE Vernova stock options scheduled to expire?

The exercised options were approaching their expiration dates. One grant was scheduled to expire on September 30, 2026, and another on November 17, 2027. The filing notes the exercises were executed in anticipation of these expiration dates on a net settlement basis.