Form 4: GE Director Stephen Angel Acquires Phantom Stock Units

Stephen F. Angel, a director at General Electric Co., acquired 143 phantom stock units valued at $289.18 each, increasing his beneficial ownership to 1,148 units.

Summary

• Stephen F. Angel, a Director of General Electric Co. (GE), acquired 143 Phantom Stock Units.
• The transaction occurred on September 30, 2025.
• Each Phantom Stock Unit was acquired at a price of $289.18.
• The acquisition was made pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan.
• Following this transaction, Mr. Angel beneficially owns 1,148 Phantom Stock Units.
• Each Phantom Stock Unit is the economic equivalent of one share of GE's common stock.
• These units are payable beginning one year after the termination of service as a director.

Sentiment

Score: 7

Explanation: The filing reports a routine insider acquisition of phantom stock units as part of a compensation plan, which is generally viewed positively as it increases director alignment with shareholder interests.

Positives

• Director Stephen F. Angel increased his beneficial ownership in General Electric Co. by acquiring 143 Phantom Stock Units.
• The acquisition aligns the director's interests with those of shareholders, as the units are equivalent to common stock.
• The transaction is part of a structured compensation plan (GE Aerospace 2024 Non-Employee Director Compensation Plan), indicating a standard practice for director remuneration.

Future Outlook

The Phantom Stock Units are payable beginning one year after the termination of service as a director, indicating a future vesting and payout schedule tied to continued service.

Industry Context

The acquisition of phantom stock units as part of a non-employee director compensation plan is a common practice in publicly traded companies to align the interests of directors with long-term shareholder value. This type of compensation is prevalent across various industries, including aerospace and industrial sectors where GE Aerospace operates.

Comparison to Industry Standards

• This transaction is a standard component of non-employee director compensation, aligning with practices seen in large industrial and aerospace companies such as Raytheon Technologies, Boeing, and Lockheed Martin, which often use equity-based awards to incentivize directors.
• The specific value and number of units are commensurate with director compensation packages at companies of similar size and market capitalization.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with long-term shareholder value.
• Directors: Provides equity-based compensation, incentivizing long-term commitment and performance.

Next Steps

• The Phantom Stock Units will become payable to Stephen F. Angel beginning one year after his termination of service as a director.

Key Dates

Recommendation

This Form 4 filing details a routine compensation event for a non-employee director, involving the acquisition of phantom stock units. While it signifies continued alignment of management interests with shareholders, it does not introduce new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in an investment recommendation. It is a standard disclosure and does not impact the fundamental investment thesis for General Electric Co.

Keywords

General Electric, GE, Stephen F Angel, Form 4, insider transaction, phantom stock units, director compensation, equity ownership, beneficial ownership