Form 4: General Electric Executive Michael Holston Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Senior Vice President Michael J. Holston of General Electric reports acquisition and disposal of company stock and restricted stock units on March 1, 2024.

Summary

  • Michael J. Holston, a Senior Vice President at General Electric, filed a Form 4 detailing changes in beneficial ownership of GE stock.
  • On March 1, 2024, Holston acquired 21,894 shares of common stock through the settlement of performance rights.
  • Also on March 1, 2024, Holston disposed of 10,080 shares of common stock at a price of $158.1.
  • Additionally, 21,123 shares were acquired through the exercise/lapse of restricted stock units.
  • Holston also disposed of 8,961 shares of common stock at a price of $158.1 on the same day.
  • Following these transactions, Holston beneficially owns 80,260 shares of GE common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
03/01/2021Date of grant for performance rights that settled on 03/01/2024
03/01/2024Date of stock transactions: acquisition and disposal of common stock and restricted stock units.
03/05/2024Date of signature on the Form 4 filing.

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