Kenneth Scott Parks - Dec 1, 2024 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role: Chief Financial Officer
Signature: Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Stock symbol: GEV
Transactions as of: Dec 1, 2024
Transactions value $: -$2,868,954
Form type: 4
Date filed: 12/3/2024, 04:55 PM
Previous filing: Jun 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	$0	+17.7K		$0.00	17.7K	Dec 1, 2024	Direct
transaction	GEV	Common stock, par value $0.01 per share	Tax liability	-$2.87M	-8.57K	-48.35%	$334.65	9.16K	Dec 1, 2024	Direct

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	Restricted Stock Units	Options Exercise	$0	-17.7K	-33.33%	$0.00	35.5K	Dec 1, 2024	Common stock, par value $0.01 per share	17.7K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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-third vested on December 1, 2024 and one-third will vest on both December 1, 2025 and December 1, 2026.

Content

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-third vested on December 1, 2024 and one-third will vest on both December 1, 2025 and December 1, 2026.