Scott Strazik - Aug 22, 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
Stock symbol
GEV
Transactions as of
Aug 22, 2024
Transactions value $
-$2,328,769
Form type
4
Date filed
8/26/2024, 08:44 PM
Previous filing
Jun 5, 2024
Next filing
Sep 5, 2024

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 $1.96M +14.8K +52.97% $132.00 42.8K Aug 22, 2024 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$2.33M -12.6K -29.46% $184.53 30.2K Aug 22, 2024 Direct
holding GEV Common stock, par value $0.01 per share 2.38K Aug 22, 2024 By 401(k)
holding GEV Common stock, par value $0.01 per share 1.3K Aug 22, 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 -$1.96M -14.8K -100% $132.00 0 Aug 22, 2024 Common stock, par value $0.01 per share 14.8K $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.