GE Vernova CPO exercises 8,505 RSUs into shares
GE Vernova Inc. Chief People Officer Steven Baert exercised equity awards tied to company stock.
Rhea-AI Filing Summary
GE Vernova Inc. Chief People Officer Steven Baert exercised equity awards tied to company stock. On April 3, he converted 8,505 restricted stock units into the same number of GE Vernova common shares. RSUs are stock-based compensation that settle into shares when they vest.
To cover tax obligations, 4,113 of the newly issued shares were withheld at a reported price of $898.57 per share, leaving Baert with 17,038 GE Vernova common shares held directly after the transactions. These actions reflect routine equity compensation vesting rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,505 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.01 per share | 8,505 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 4,113 | $898.57 | $3.70M |
Footnotes (2)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
- 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. Such equity incentive awards were previously granted by GE to the reporting person, of which one-half vested on April 3, 2025 and one-half vested on April 3, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
tax-withholding disposition financial
equity incentive awards financial
FAQ
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What insider transaction did GE Vernova (GEV) report for Steven Baert?
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Were Steven Baert’s GE Vernova (GEV) transactions open-market buys or sells?
What are restricted stock units in the GE Vernova (GEV) insider filing?
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