Form 4: GE HealthCare Director Culp H Lawrence Jr. Reports Stock Transaction
SEC Form 4 Filing
Director Culp H Lawrence Jr. of GE HealthCare Technologies Inc. reports disposition of shares to cover tax obligations.
Summary
- On August 17, 2024, Culp H Lawrence Jr., a director of GE HealthCare Technologies Inc., reported a transaction involving the disposition of 291,053 shares of common stock at a price of $84.8 per share.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of performance shares originally granted by General Electric Company in 2020.
- Following the transaction, Culp H Lawrence Jr. directly owns 333,021 shares of GE HealthCare Technologies Inc. common stock.
- Additionally, Culp H Lawrence Jr. indirectly owns 1,271 shares through family trusts and 70,402 shares through a holding company.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/17/2024 | Date of stock transaction (disposal of shares). |
| 08/20/2024 | Date of signature by attorney-in-fact. |
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