Scott Strazik - 22 Aug 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role
Chief Executive Officer, Director
Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Issuer symbol
GEV
Transactions as of
22 Aug 2024
Net transactions value
-$2,328,769
Form type
4
Filing time
26 Aug 2024, 20:44:30 UTC
Previous filing
05 Jun 2024
Next filing
05 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEV Common stock, par value $0.01 per share Options Exercise $1,957,824 +14,832 +53% $132.00 42,831 22 Aug 2024 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability $2,328,769 -12,620 -29% $184.53 30,211 22 Aug 2024 Direct
holding GEV Common stock, par value $0.01 per share 2,383 22 Aug 2024 By 401(k)
holding GEV Common stock, par value $0.01 per share 1,303 22 Aug 2024 By spouse's 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEV Employee Stock Option (right to buy) Options Exercise $1,957,824 -14,832 -100% $132.00 0 22 Aug 2024 Common stock, par value $0.01 per share 14,832 $132.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested in five installments on September 5, 2015, 2016, 2017, 2018 and 2019.
F2 The options exercise is executed in anticipation of the September 5, 2024 expiration date on a net settlement basis.