Form 4: GE Executive Russell Stokes Reports Stock Transactions

Senior Vice President Russell Stokes of General Electric reports transactions involving common stock and restricted stock units on March 1, 2024.

Summary

• Russell Stokes, a Senior Vice President at General Electric, reported changes in beneficial ownership of GE stock on March 1, 2024.
• The transactions involved the acquisition and disposition of common stock and restricted stock units.
• Stokes acquired 4,506 and 4,800 shares of common stock through the exercise of restricted stock units.
• He also acquired 34,118 shares of common stock through the settlement of performance rights.
• Simultaneously, Stokes disposed of shares to cover tax obligations, with 2,015 shares sold at $158.1 and 15,256 shares sold at $158.1.
• Following these transactions, Stokes directly owns 107,663 shares of common stock and 4,800 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the transactions of a senior executive at General Electric.

Stakeholder Impact

• The transactions reported in the Form 4 filing provide transparency to shareholders regarding the stock ownership of a key executive.

Key Dates