GE Vernova (GEV) director takes stock units instead of annual cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANGEL STEPHEN F reported acquisition or exercise transactions in this Form 4 filing.
GE Vernova Inc. director Stephen F. Angel reported receiving two grants of restricted stock units on May 20, 2026. One grant covers 299 restricted stock units and the other covers 173 restricted stock units, each convertible into the same number of GE Vernova common shares at settlement.
These awards vest at the earlier of the next GE Vernova annual meeting of stockholders or a change in control event. Angel elected to defer receiving the underlying shares until the earlier of 30 days after his Board service ends or a change in control, and chose these stock units in lieu of his annual cash retainer.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ANGEL STEPHEN F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 173 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 299 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 173 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock. Represents an award of restricted stock units with respect to GE Vernova common stock that will vest at the earliest of the date of the next GE Vernova Annual Meeting of Stockholders or a change in control event. The reporting person has elected to defer receipt of the shares of common stock underlying the restricted stock units until the earlier of (i) 30 days after termination of service as a director or (ii) a change in control event. The reporting person elected to receive an award of restricted stock units in lieu of his annual cash retainer for service on the Board.
Key Figures
RSU grant 1: 299 restricted stock units
RSU grant 2: 173 restricted stock units
Price per RSU: $0.00 per unit
+2 more
5 metrics
RSU grant 1
299 restricted stock units
Grant/award on May 20, 2026
RSU grant 2
173 restricted stock units
Grant/award on May 20, 2026
Price per RSU
$0.00 per unit
Non-cash equity compensation
Underlying shares grant 1
299 shares common stock
Each RSU equals one share at settlement
Underlying shares grant 2
173 shares common stock
Each RSU equals one share at settlement
Key Terms
Restricted Stock Units, change in control event, annual cash retainer
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova 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.
change in control event financial
"will vest at the earliest of the date of the next GE Vernova Annual Meeting of Stockholders or a change in control event."
annual cash retainer financial
"The reporting person elected to receive an award of restricted stock units in lieu of his annual cash retainer for service on the Board."
FAQ
What insider transaction did GE Vernova (GEV) director Stephen F. Angel report?
Director Stephen F. Angel reported receiving two awards of restricted stock units, one for 299 units and another for 173 units. Each unit represents the right to receive one share of GE Vernova common stock at settlement, functioning as equity-based compensation.
When do Stephen F. Angel’s GE Vernova (GEV) restricted stock units vest?
The restricted stock units vest at the earliest of the next GE Vernova annual meeting of stockholders or a change in control event. This means vesting is tied to either the upcoming shareholder meeting date or a corporate control transaction, whichever occurs first.
How many GE Vernova (GEV) restricted stock units did Stephen F. Angel hold after these grants?
After the grants, Angel held 299 restricted stock units from one award and 173 restricted stock units from the other. Each award’s post-transaction balance equals the number of units granted, indicating these are new equity-based compensation positions reported in the filing.
Did Stephen F. Angel pay cash for the GE Vernova (GEV) restricted stock units?
No cash was paid for these restricted stock units; the transaction price per unit is reported as $0.00. The awards represent non-cash, stock-based compensation granted for Board service rather than open-market purchases of GE Vernova common shares.
Why did Stephen F. Angel receive GE Vernova (GEV) restricted stock units instead of cash?
Angel elected to receive restricted stock units in lieu of his annual cash retainer for serving on the Board. This choice converts what would have been a cash payment into equity-based compensation, directly linking a portion of his Board compensation to GE Vernova’s stock.