Form 4: GE Aerospace Senior Vice President Rahul Ghai Reports Securities Transactions
SEC Form 4 Filing
Senior Vice President of GE Aerospace, Rahul Ghai, reports transactions involving GE common stock, including sales executed through a broker-managed account.
Summary
- Rahul Ghai, a Senior Vice President at GE Aerospace, filed a Form 4 detailing changes in beneficial ownership of General Electric Co. [GE] securities.
- On May 9, 2024, 225 shares of common stock were sold at $167.43 per share through a broker-managed account without the reporting person's direct instruction or knowledge.
- On May 10, 2024, 37 shares of common stock were sold at $163.38 per share.
- Following these transactions, Ghai directly owns 43,970 shares of GE common stock and indirectly owns 5 shares via a decendant's trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the buying and selling activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Sale of 225 shares of GE common stock at $167.43 per share. |
| 05/10/2024 | Sale of 37 shares of GE common stock at $163.38 per share. |
| 01/08/2025 | Date of signature by attorney in fact. |
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