Form 4: GE Aerospace Director Stephen F. Angel Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Stephen F. Angel reports acquisition of common stock and deferred fee phantom stock units in General Electric Co.

Summary

  • Stephen F. Angel, a director at GE Aerospace, reported changes in beneficial ownership of General Electric Co. securities.
  • On May 7, 2024, Mr. Angel acquired 1,165 shares of common stock.
  • He also acquired 187 deferred fee phantom stock units on May 6, 2024, at a price of $158.34 per unit.
  • Following these transactions, Mr. Angel directly owns 6,303 shares of common stock and indirectly owns 1,213 shares through a trust and 4,710 shares through an IRA.
  • He also directly owns 6,598 deferred fee phantom stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares and stock units could be seen as slightly positive, indicating confidence, but it's not a major event.

Positives

  • The director's acquisition of shares and stock units may signal confidence in the company's future performance.

Future Outlook

The deferred fee phantom stock units are payable beginning one year after termination of service as a director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's holdings and transactions.

Key Dates

DateDescription
05/06/2024Acquisition of 187 deferred fee phantom stock units.
05/07/2024Acquisition of 1,165 shares of common stock.
05/08/2024Date of signature for the Form 4 filing.

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