GE Vernova (NYSE: GEV) officer sells shares and receives new equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GE Vernova Inc. chief people officer Steven Baert reported multiple equity transactions in company stock and awards. On March 3, 2026, he completed an open-market sale of 5,300 shares of common stock at $850.00 per share, leaving him with 12,646 directly held shares afterward.
On March 1, 2026, Baert acquired common shares through the exercise or conversion of several restricted stock unit awards, with related share dispositions at $873.60 per share to cover tax obligations. Each restricted stock unit represents one share of GE Vernova common stock at settlement.
On February 27, 2026, he received new equity awards, including 1,211 restricted stock units and 1,648 employee stock options. Footnotes state these RSUs and options vest or become exercisable in staged installments from March 1, 2025 through March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,300 shares ($4,505,000)
Net Sell
12 txns
Insider
Baert Steven
Role
Chief People Officer
Sold
5,300 shs ($4.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 5,300 | $850.00 | $4.50M |
| Exercise | Restricted Stock Units | 21,218 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,778 | $0.00 | -- |
| Exercise | Restricted Stock Units | 828 | $0.00 | -- |
| Exercise | Common stock, par value $0.01 per share | 21,218 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 10,259 | $873.60 | $8.96M |
| Exercise | Common stock, par value $0.01 per share | 1,778 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 860 | $873.60 | $751K |
| Exercise | Common stock, par value $0.01 per share | 828 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 401 | $873.60 | $350K |
| Grant/Award | Restricted Stock Units | 1,211 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 1,648 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 12,646 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Employee Stock Option (right to buy) — 1,648 shares (Direct)
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 resulted from the conversion of certain performance-based equity incentive awards in connection with the Spin-Off, including one additional share 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. 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. 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. 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. 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
What insider transactions did GEV chief people officer Steven Baert report?
Steven Baert reported an open-market sale of 5,300 GE Vernova common shares and several equity award-related transactions, including restricted stock unit conversions, tax-withholding share dispositions, and new grants of restricted stock units and employee stock options, all held directly in his name.
What restricted stock unit activity did GEV disclose for Steven Baert?
GE Vernova disclosed that Steven Baert exercised several restricted stock unit awards on March 1, 2026, converting them into common shares. Footnotes explain these RSUs stem from prior performance-based and time-based awards, with vesting schedules spanning March 1, 2025 through March 1, 2029.
What new equity awards did Steven Baert receive from GE Vernova?
On February 27, 2026, Steven Baert received 1,211 restricted stock units and 1,648 employee stock options. Footnotes state the RSUs and options relate to GE Vernova common stock and will vest or become exercisable in three annual installments between 2027 and 2029.