Form 4: GE HealthCare Technologies Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Philip Rackliffe, CEO of AVS at GE HealthCare Technologies Inc., sold 158 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 1, 2025, Philip Rackliffe, CEO of AVS at GE HealthCare Technologies Inc., disposed of 158 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $88.3.
- Following the transaction, Rackliffe directly owns 12,557 shares of GE HealthCare Technologies Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover tax obligations is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Philip Rackliffe disposed of 158 shares of common stock to cover tax obligations. |
| 02/04/2025 | Date of signature by Frank R. Jimenez, General Counsel and Corporate Secretary, as attorney-in-fact. |
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