GE Vernova director acquires 495 shares via RSU vesting
GE Vernova Inc. director Jesus Malave Jr. exercised restricted stock units into 495 shares of common stock.
Rhea-AI Filing Summary
GE Vernova Inc. director Jesus Malave Jr. exercised restricted stock units into 495 shares of common stock. These units vested on the first anniversary of grant, and each unit converted into one share. Following this settlement, he now holds 1,842 shares of GE Vernova common stock directly. He has elected to defer actual receipt of the shares until the earlier of 30 days after his service as a director ends or a change in control event, so this is a compensation-related equity increase rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 495 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.01 per share | 495 | $0.00 | $0.00 |
Footnotes (3)
- F1. The reporting person has elected to defer receipt of the shares of common stock until the earlier of (i) 30 days after termination of service as a director or (ii) a change in control event.
- F2. Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
- F3. Represents an award of restricted stock units with respect to GE Vernova common stock that vested on the first anniversary of grant.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
change in control event financial
FAQ
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What did GE Vernova (GEV) director Jesus Malave Jr. do in this Form 4?
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