Form 4: GE HealthCare CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
James Saccaro, CFO of GE HealthCare Technologies Inc., sold 1,740 shares of common stock on September 1, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On September 1, 2024, James Saccaro, the Chief Financial Officer of GE HealthCare Technologies Inc., disposed of 1,740 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $84.82 per share.
- Following the transaction, Saccaro directly owns 61,200 shares of GE HealthCare Technologies Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are routine and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership trends.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 09/04/2024 | Date of signature for the Form 4 filing. |
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