Form 4: GE Aerospace Executive Stokes Exercises Options and Sells Shares
SEC Form 4 Filing
Senior Vice President Russell Stokes exercised stock options and sold shares of General Electric Co. on May 23, 2024.
Summary
- On May 23, 2024, Russell Stokes, a Senior Vice President at GE Aerospace, exercised employee stock options to acquire 50,604 shares of GE common stock at a price of $128.97 per share.
- Simultaneously, Stokes sold 45,309 shares of GE common stock at a weighted average price of $162.82, with individual transactions ranging from $162.60 to $163.01.
- Following these transactions, Stokes directly owns 112,958 shares of GE common stock.
- Stokes also continues to hold options for 50,604 shares of GE common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency into the trading activities of GE Aerospace executives. It's common for executives to exercise stock options and sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of stock option exercise and share sale. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
| 09/05/2024 | Expiration date of the employee stock options. |
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