Form 4: GE Executive Riccardo Procacci Exercises Options and Sells Shares

Riccardo Procacci, a Senior Vice President at General Electric, exercised stock options and sold shares of GE common stock on May 13, 2025.

Summary

• On May 13, 2025, Riccardo Procacci, a Senior Vice President of General Electric, exercised employee stock options to acquire 5,061 shares of GE common stock at a price of $123.31 per share.
• Following the exercise, Procacci sold a total of 6,111 shares of GE common stock in multiple transactions at weighted average prices ranging from $222.26 to $222.78.
• After these transactions, Procacci directly owns 16,739 shares of GE common stock.
• Procacci also continues to hold employee stock options, which are fully vested and expire in 2025.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives who receive stock options as part of their compensation. These transactions are closely watched by investors for insights into management's view of the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Riccardo Procacci, General Electric, GE, stock options, Form 4, share sale, insider trading, executive compensation