GE Vernova CEO reports equity awards and tax trades
GE Vernova Inc. CEO & President Scott Strazik reported multiple equity compensation transactions.
Rhea-AI Filing Summary
GE Vernova Inc. CEO & President Scott Strazik reported multiple equity compensation transactions. On March 1, 2026, he exercised several restricted stock unit awards into common stock of GE Vernova, increasing his directly held common shares while some of the newly issued shares were disposed of to cover tax liabilities.
On February 27, 2026, Strazik received a grant of 5,326 restricted stock units and an award of 7,248 employee stock options, both tied to GE Vernova common stock and subject to future vesting schedules described in the footnotes. The filing also notes indirect holdings of common stock through his 401(k) plan and his spouse’s 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
86,062 shares exercised/converted
Exercise
16 txns
Insider
Strazik Scott
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,996 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 67,272 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,756 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,038 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.01 per share | 8,996 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 4,216 | $873.60 | $3.68M |
| Exercise | Common stock, par value $0.01 per share | 67,272 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 32,809 | $873.60 | $28.66M |
| Exercise | Common stock, par value $0.01 per share | 6,756 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 3,267 | $873.60 | $2.85M |
| Exercise | Common stock, par value $0.01 per share | 3,038 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 1,469 | $873.60 | $1.28M |
| Grant/Award | Restricted Stock Units | 5,326 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 7,248 | $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:
Restricted Stock Units — 18,458 contracts (Direct);
Employee Stock Option (right to buy) — 7,248 contracts (Direct);
Common stock, par value $0.01 per share — 132,046 shares (Direct);
Common stock, par value $0.01 per share — 2,356 shares (Indirect, By 401(k));
Common stock, par value $0.01 per share — 1,288 shares (Indirect, By spouse's 401(k))
Footnotes (7)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
- F2. Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova by General Electric Company ("GE") to holders of GE common stock on a pro rata basis ("Spin-Off"). Such equity incentive awards were previously granted by GE to the reporting person, of which 50% vested on March 1, 2025 and 50% vested on March 1, 2026.
- F3. Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain performance-based equity incentive awards in connection with the Spin-Off, including two additional shares inadvertently omitted from the grant originally reported on the reporting person's Form 4 filed on April 4, 2024. Such equity incentive awards were previously granted by GE to the reporting person, which vested in full on March 1, 2026. The performance criteria for these equity incentive awards have been certified in connection with the Spin-Off by GE's Management Development & Compensation Committee.
- F4. Represents an award of restricted stock units with respect to GE Vernova common stock that vested 33% on March 1, 2025, vested 33% on March 1, 2026 and will vest 34% on March 1, 2027.
- F5. Represents an award of restricted stock units with respect to GE Vernova common stock that vested 33% on March 1, 2026, and will vest 33% on March 1, 2027 and 34% on March 1, 2028.
- F6. Represents an award of restricted stock units with respect to GE Vernova common stock that will vest in three installments of 33% on March 1, 2027, 33% on March 1, 2028 and 34% on March 1, 2029.
- F7. Represents an award of an employee stock option with respect to GE Vernova common stock, of which 33% will become exercisable on March 1, 2027, 33% will become exercisable on March 1, 2028 and 34% will become exercisable on March 1, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GEV CEO Scott Strazik report on this Form 4?
Scott Strazik reported exercising multiple restricted stock unit awards into GE Vernova common stock and disposing of some shares to satisfy tax obligations. He also reported new grants of restricted stock units and employee stock options, plus indirect common stock holdings through 401(k) accounts.
What new equity awards did GEV grant to Scott Strazik on February 27, 2026?
On February 27, 2026, Scott Strazik received a grant of 5,326 restricted stock units and 7,248 employee stock options tied to GE Vernova common stock. These awards vest in installments over future years, as detailed in the vesting schedules described in the filing footnotes.
What do the restricted stock unit awards in the GEV Form 4 represent?
Each restricted stock unit represents the right to receive one share of GE Vernova common stock upon settlement. Several RSU awards originated from converted General Electric equity incentives related to the GE Vernova spin-off and vest over multi-year schedules tied to specific March vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
