GE VERNOVA LLC SEC Filings

GE Vernova Inc. CEO & President Scott Strazik reported routine equity compensation transactions involving company common stock. He exercised employee stock options covering 22,742 shares at $92.13 per share and 21,754 shares at $149.78 per share, converting options into common stock.

To cover tax obligations, he disposed of 11,987 shares at $1,115.60 per share and 12,273 shares at $1,114.88 per share through tax-withholding, not open-market sales. Following these transactions, he directly holds 153,800 common shares and also has indirect holdings of 1,287 shares through his spouse's 401(k) and 2,353 shares through his own 401(k).

Footnotes state the option exercises were executed on a net settlement basis in anticipation of their September 30, 2026 and November 17, 2027 expiration dates and did not result in any open market transactions.

GE Vernova Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 20,150,500 shares of Common Stock, representing 7.47% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over those shares and sole voting power for 2,633,900 shares.

GE Vernova delivered a very strong first quarter of 2026, driven largely by a one-time gain from acquiring full ownership of Prolec GE. Total revenues rose to $9.3 billion, up 16% from $8.0 billion a year earlier, with growth led by the Power and Electrification segments.

Net income attributable to GE Vernova jumped to $4.7 billion from $254 million, and diluted EPS increased to $17.44 from $0.91. Results included a $4.0 billion pre-tax gain from remeasuring the prior Prolec GE stake and a $330 million gain from selling the Proficy software business.

Operationally, segment EBITDA improved to $958 million from $576 million, with notable margin expansion in Power and Electrification. The Wind segment remained loss-making, pressured by lower Onshore deliveries, Offshore project losses, and estimated 2026 tariff costs of roughly $250–$350 million.

Cash flow from operating activities strengthened to $5.2 billion, supporting $4.8 billion of free cash flow and $1.3 billion of share repurchases, while the company issued $2.6 billion of new long-term debt to help fund the Prolec GE acquisition.

GE Vernova Inc. reported a strong first quarter of 2026 and raised its full-year outlook. Revenue reached $9.3 billion, up 16% year over year, while net income jumped to $4.7 billion, giving a net margin of 50.9% helped by $4.5 billion of M&A gains, mainly from the Prolec GE acquisition.

Adjusted EBITDA nearly doubled to $896 million with margins improving to 9.6%, and free cash flow climbed to $4.8 billion. Orders rose 71% organically to $18.3 billion and backlog grew by $13.0 billion, bringing total backlog to $163 billion. Power and Electrification delivered double-digit organic growth and sharp margin expansion, while Wind revenue declined and segment losses deepened.

On the back of this performance, GE Vernova now expects 2026 revenue of $44.5–$45.5 billion, adjusted EBITDA margin of 12%–14%, and free cash flow of $6.5–$7.5 billion, all higher than prior guidance. The company also completed the remaining 50% Prolec GE acquisition for about $5.3 billion and returned $1.4 billion to shareholders through buybacks and dividends.

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.

GE Vernova Inc. is seeking stockholder votes at its 2026 virtual annual meeting to elect three Class II directors, approve executive pay on an advisory basis, ratify Deloitte & Touche LLP as auditor for 2026, and consider a stockholder sustainability-related proposal.

The Board recommends voting for all three director nominees, for Say-on-Pay, for auditor ratification, and against the stockholder proposal requesting a report assessing sustainability goals using net-present-value and return-on-investment calculations. GE Vernova highlights its role in the global energy transition and notes 2025 orders of $59 billion, revenue of $38 billion, and a $150 billion backlog supporting future growth.

GE Vernova Inc — The Vanguard Group filed an Amendment No. 2 to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of the common stock. The filing states Vanguard completed an internal realignment on January 12, 2026 and will report certain subsidiaries separately in reliance on SEC Release No. 34-39538.

The filing explains those subsidiaries pursue the same investment strategies previously used and that The Vanguard Group, Inc. no longer is deemed to beneficially own securities held by those subsidiaries. The report is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.

GE Vernova Inc. CEO & President Scott Strazik reported multiple equity compensation transactions. On March 1, 2026, he exercised several restricted stock unit awards into common stock of GE Vernova, increasing his directly held common shares while some of the newly issued shares were disposed of to cover tax liabilities.

On February 27, 2026, Strazik received a grant of 5,326 restricted stock units and an award of 7,248 employee stock options, both tied to GE Vernova common stock and subject to future vesting schedules described in the footnotes. The filing also notes indirect holdings of common stock through his 401(k) plan and his spouse’s 401(k).