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GE Vernova (GEV) CPO exercises 8,505 RSUs, 4,113 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Baert Steven
Role Chief People Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 8,505 $0.00 --
Exercise Common stock, par value $0.01 per share 8,505 $0.00 --
Tax Withholding Common stock, par value $0.01 per share 4,113 $898.57 $3.70M
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common stock, par value $0.01 per share — 21,151 shares (Direct)
Footnotes (1)
  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. 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.
RSUs exercised 8,505 units Restricted stock units converted into GE Vernova common shares on April 3
Shares issued 8,505 shares Common stock received from RSU exercise
Shares withheld for taxes 4,113 shares Tax-withholding disposition at $898.57 per share
Tax-withholding price $898.57 per share Value used for 4,113-share tax-withholding transaction
Shares held after transactions 17,038 shares GE Vernova common stock directly owned by Baert after April 3
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
equity incentive awards financial
"Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards"
Equity incentive awards are company grants that pay employees or directors with a stake in the business—typically stock, stock options, or restricted shares—rather than only cash. They matter to investors because they align employees’ interests with shareholders (like giving team members slices of the same pie to encourage growth) but can also increase the total number of shares outstanding, which can reduce each existing shareholder’s percentage ownership and impact reported profits.
SEC Form 4
FORM 4UNITED 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*
Baert Steven

(Last)(First)(Middle)
58 CHARLES STREET

(Street)
CAMBRIDGE MASSACHUSETTS 02141

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GE Vernova Inc. [ GEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock, par value $0.01 per share04/03/2026M8,505A$021,151D
Common stock, par value $0.01 per share04/03/2026F4,113D$898.5717,038D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/03/2026M8,505 (2) (2)Common stock, par value $0.01 per share8,505$00D
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. 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.
Remarks:
/s/ Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact04/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GE Vernova (GEV) report for Steven Baert?

GE Vernova reported that Chief People Officer Steven Baert exercised 8,505 restricted stock units into common shares. A portion of those shares was simultaneously withheld to satisfy tax obligations, leaving him with 17,038 GE Vernova common shares held directly afterward.

How many GE Vernova (GEV) shares did Steven Baert receive and retain?

Steven Baert received 8,505 GE Vernova common shares upon exercising restricted stock units. Of these, 4,113 shares were withheld for taxes, and he held 17,038 GE Vernova common shares directly following the transactions, reflecting routine settlement of equity compensation awards.

What does the tax-withholding transaction mean in the GE Vernova (GEV) Form 4?

The tax-withholding transaction shows 4,113 GE Vernova shares were surrendered at $898.57 per share to cover tax liabilities. This is a non-market disposition typically associated with vesting or exercise of stock-based awards, not an open-market sale decision by the executive.

Were Steven Baert’s GE Vernova (GEV) transactions open-market buys or sells?

The transactions were not open-market buys or sells. They involved exercising 8,505 restricted stock units into common shares and a related tax-withholding disposition of 4,113 shares, which is a standard mechanism for paying taxes on equity compensation rather than discretionary trading.

What are restricted stock units in the GE Vernova (GEV) insider filing?

Restricted stock units are stock-based awards that convert into shares at settlement. In this filing, each restricted stock unit entitled Steven Baert to receive one GE Vernova common share when vesting conditions were met, forming part of his compensation package rather than a market purchase.