Form 4: GE Aerospace SVP Russell Stokes Reports Stock Option Exercise and Sales
SEC Form 4 Filing
Senior Vice President of GE Aerospace, Russell Stokes, reports exercising stock options and selling shares of General Electric (GE) common stock.
Summary
- Russell Stokes, a Senior Vice President at GE Aerospace, reported transactions involving General Electric (GE) common stock.
- On February 21, 2025, Stokes exercised employee stock options to acquire 11,841 shares at a price of $123.31 per share.
- Also on February 21, 2025, Stokes sold 8,730 shares at a weighted average price of $201.19, with prices ranging from $201.00 to $201.40.
- On February 24, 2025, Stokes sold an additional 3,111 shares at a weighted average price of $199.80, with prices ranging from $199.59 to $200.00.
- Following these transactions, Stokes directly owns 150,767 shares of GE common stock.
- The employee stock options exercised were fully vested and expire on September 11, 2025.
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 insider transactions, which are common for executives at publicly traded companies. These transactions can be influenced by various factors, including personal financial planning and company performance.
Comparison to Industry Standards
- Executive stock option exercises and sales are a common practice across publicly traded companies.
- Comparing Stokes' transactions to those of executives at similar companies like Boeing (BA) or RTX Corporation (RTX) would provide a benchmark, but requires access to those specific filings.
- The reported weighted average prices are within a normal range for stock sales following option exercises.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Exercise of employee stock options for 11,841 shares at $123.31 and sale of 8,730 shares at an average price of $201.19. |
| 02/24/2025 | Sale of 3,111 shares at an average price of $199.80. |
| 02/25/2025 | Date of signature by attorney in fact for Russell Stokes. |
| 09/11/2025 | Expiration date of the employee stock options. |
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