Eric Gray of GE Vernova (GEV) reports RSU conversions and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GE Vernova Inc. executive Eric Gray, Chief Executive Officer, Power, reported multiple equity transactions. On March 1, 2026, he acquired common stock through exercises or conversions of restricted stock units, including 4,686 and 12,636 shares, and had shares withheld, including 1,920 and 5,629 shares, to cover tax liabilities at $873.6000 per share. On February 27, 2026, he received new awards of 1,211 restricted stock units and 1,648 employee stock options that vest in stages between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,021 shares exercised/converted
Mixed
14 txns
Insider
Gray Eric
Role
Chief Executive Officer, Power
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,686 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,636 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,778 | $0.00 | -- |
| Exercise | Restricted Stock Units | 921 | $0.00 | -- |
| Exercise | Common stock, par value $0.01 per share | 4,686 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 1,920 | $873.60 | $1.68M |
| Exercise | Common stock, par value $0.01 per share | 12,636 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 5,629 | $873.60 | $4.92M |
| Exercise | Common stock, par value $0.01 per share | 1,778 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 792 | $873.60 | $692K |
| Exercise | Common stock, par value $0.01 per share | 921 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 411 | $873.60 | $359K |
| Grant/Award | Restricted Stock Units | 1,211 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 1,648 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common stock, par value $0.01 per share — 4,686 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 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. 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, and vested in full on March 1, 2026. The performance criteria for these equity incentive awards was 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.
