GE Vernova director exercises 495 RSUs
GE Vernova Inc. director Martina Hundmejean reported the vesting and exercise of 495 restricted stock units, converting them into the right to receive an equal number of common shares.
Rhea-AI Filing Summary
GE Vernova Inc. director Martina Hundmejean reported the vesting and exercise of 495 restricted stock units, converting them into the right to receive an equal number of common shares. These units vested on the first anniversary of grant and increased her reported direct common stock holdings to 2,037 shares.
The filing notes she has elected to defer actual receipt of the common shares until the earlier of 30 days after her service as a director ends or a change in control event. Each restricted stock unit represents the right to receive one GE Vernova common share at settlement.
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 exercise/conversion financial
change in control event financial
deferral of receipt financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GE Vernova (GEV) report for Martina Hundmejean?
What type of security did Martina Hundmejean exercise in the GE Vernova (GEV) Form 4?
When did Martina Hundmejean’s GE Vernova (GEV) restricted stock units vest?
How are the GE Vernova (GEV) restricted stock units settled for Martina Hundmejean?
AI-generated analysis. How Rhea-AI works. Not financial advice.