GE Vernova CEO converts RSUs, covers taxes

GE Vernova Inc. executive Philippe Piron, CEO of Electrification, reported a series of equity transactions.

Accepted by SEC EDGAR 03/03/2026 - 07:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

GE Vernova Inc. executive Philippe Piron, CEO of Electrification, reported a series of equity transactions. On March 1, 2026, multiple restricted stock unit awards were converted into common stock, and some common shares were disposed of to satisfy tax withholding obligations at a value of $873.6000 per share. On February 27, 2026, he also received new grants of 1,211 restricted stock units and 1,648 employee stock options, which vest in installments between 2027 and 2029 according to the disclosed schedules.

Insider Trade Summary

19,790 shares exercised/converted

Exercise 14 txns

Insider Piron Philippe

Role CEO, Electrification

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,686	$0.00	$0.00
Exercise	Restricted Stock Units	12,636	$0.00	$0.00
Exercise	Restricted Stock Units	1,778	$0.00	$0.00
Exercise	Restricted Stock Units	690	$0.00	$0.00
Exercise	Common stock, par value $0.01 per share	4,686	$0.00	$0.00
Exercise Price or Tax Liability	Common stock, par value $0.01 per share	2,763	$873.60	$2.41M
Exercise	Common stock, par value $0.01 per share	12,636	$0.00	$0.00
Exercise Price or Tax Liability	Common stock, par value $0.01 per share	7,450	$873.60	$6.51M
Exercise	Common stock, par value $0.01 per share	1,778	$0.00	$0.00
Exercise Price or Tax Liability	Common stock, par value $0.01 per share	1,049	$873.60	$916K
Exercise	Common stock, par value $0.01 per share	690	$0.00	$0.00
Exercise Price or Tax Liability	Common stock, par value $0.01 per share	407	$873.60	$356K
Grant/Award	Restricted Stock Units	1,211	$0.00	$0.00
Grant/Award	Employee Stock Option (right to buy)	1,648	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 4,446 contracts (Direct); Employee Stock Option (right to buy) — 1,648 contracts (Direct); Common stock, par value $0.01 per share — 10,707 shares (Direct)

Holdings Before and After: Restricted Stock Units, 23,025 to 4,446 contracts (Direct); Employee Stock Option (right to buy), 0 to 1,648 contracts (Direct); Common stock, par value $0.01 per share, 2,586 to 10,707 shares (Direct)

Footnotes (7)

1. F1. Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
2. 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.
3. 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. 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.
4. 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.
5. 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.
6. 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.
7. 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 GE Vernova (GEV) executive Philippe Piron report?

Philippe Piron reported conversions of restricted stock units into GE Vernova common stock and related tax-withholding share dispositions on March 1, 2026. He also reported new grants of restricted stock units and employee stock options awarded on February 27, 2026, with vesting through 2029.

Were any of Philippe Piron’s GE Vernova (GEV) transactions open-market stock sales?

The filing shows no open-market sales. Dispositions are coded "F," indicating shares were delivered to cover exercise price or tax liabilities. These are tax-withholding transactions rather than discretionary stock sales, linked to the conversion and vesting of equity incentive awards.

What new equity awards did Philippe Piron receive from GE Vernova (GEV) in 2026?

On February 27, 2026, Philippe Piron received an award of 1,211 restricted stock units and 1,648 employee stock options. Both are tied to GE Vernova common stock and will vest or become exercisable in three installments between March 1, 2027 and March 1, 2029.

How do Philippe Piron’s GE Vernova (GEV) restricted stock units vest over time?

The filing describes several RSU awards with staggered vesting. Some vested 50% in 2025 and 50% in 2026, others vest 33% in 2025 and 2026 and 34% in 2027, while newer awards vest 33%, 33%, and 34% across 2026–2028 or 2027–2029.

What is the vesting schedule for Philippe Piron’s GE Vernova (GEV) employee stock options?

The employee stock option award granted February 27, 2026 becomes exercisable in three tranches. According to the filing, 33% become exercisable on March 1, 2027, another 33% on March 1, 2028, and the remaining 34% on March 1, 2029, subject to its terms.

How are Philippe Piron’s GE Vernova (GEV) RSUs related to the GE spin-off?

Several RSU awards reflect conversions of prior General Electric equity incentives in connection with the GE Vernova spin-off completed April 2, 2024. Those converted awards were originally granted by GE and later adjusted so they track GE Vernova common stock with specified vesting dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Piron Philippe

(Last) (First) (Middle)

58 CHARLES STREET

(Street)

CAMBRIDGE MA 02141

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GE Vernova Inc. [ GEV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Electrification

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share	03/01/2026		M		4,686	A	$0	7,272	D
Common stock, par value $0.01 per share	03/01/2026		F		2,763	D	$873.6	4,509	D
Common stock, par value $0.01 per share	03/01/2026		M		12,636	A	$0	17,145	D
Common stock, par value $0.01 per share	03/01/2026		F		7,450	D	$873.6	9,695	D
Common stock, par value $0.01 per share	03/01/2026		M		1,778	A	$0	11,473	D
Common stock, par value $0.01 per share	03/01/2026		F		1,049	D	$873.6	10,424	D
Common stock, par value $0.01 per share	03/01/2026		M		690	A	$0	11,114	D
Common stock, par value $0.01 per share	03/01/2026		F		407	D	$873.6	10,707	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		M			4,686	(2)	(2)	Common stock, par value $0.01 per share	4,686	$0	0	D
Restricted Stock Units	(1)	03/01/2026		M			12,636	(3)	(3)	Common stock, par value $0.01 per share	12,636	$0	0	D
Restricted Stock Units	(1)	03/01/2026		M			1,778	(4)	(4)	Common stock, par value $0.01 per share	1,778	$0	1,832	D
Restricted Stock Units	(1)	03/01/2026		M			690	(5)	(5)	Common stock, par value $0.01 per share	690	$0	1,403	D
Restricted Stock Units	(1)	02/27/2026		A		1,211		(6)	(6)	Common stock, par value $0.01 per share	1,211	$0	1,211	D
Employee Stock Option (right to buy)	$873.6	02/27/2026		A		1,648		(7)	02/27/2036	Common stock, par value $0.01 per share	1,648	$0	1,648	D

Explanation of Responses:

1. Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.

2. 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.

3. 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. 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.

4. 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.

5. 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.

6. 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.

7. 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.

Remarks:

	/s/ Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
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