Form 4: L. Kevin Cox Reports Changes in Beneficial Ownership of General Electric Co. Stock

Senior Vice President L. Kevin Cox reports transactions involving General Electric Co. common stock, including acquisitions and disposals, as well as the exercise of restricted stock units.

Summary

• L. Kevin Cox, a Senior Vice President at General Electric Co., filed a Form 4 detailing changes in beneficial ownership of GE stock on March 5, 2024.
• On March 1, 2024, Cox acquired 23,884 shares of common stock at $0 and disposed of 10,776 shares at $158.1.
• He also acquired 20,519 shares through the exercise of restricted stock units at $0 and disposed of 8,161 shares at $158.1.
• Following these transactions, Cox directly owns 66,692 shares of common stock and indirectly owns 12,431 shares through a trust, 110 shares through his wife's trust, and 794 shares through a descendant's trust.
• He also exercised 20,519 restricted stock units, each representing a contingent right to receive one share of GE common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It is standard practice for officers of publicly traded companies.

Stakeholder Impact

• The transactions reported may be of interest to shareholders as they provide insight into the actions of a company executive.

Key Dates