Form 4: Stephen F. Angel Acquires Phantom Stock Units in GE Aerospace

Director Stephen F. Angel acquired 206 phantom stock units in GE Aerospace at a price of $200.65 per unit on March 31, 2025, according to a Form 4 filing.

Summary

• Stephen F. Angel, a director of General Electric Co. (GE Aerospace), acquired 206 phantom stock units on March 31, 2025.
• The acquisition was made pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan.
• The price per unit was $200.65.
• Following the transaction, Angel directly owns 836 derivative securities.
• Each phantom stock unit is the economic equivalent of one share of GE Aerospace's common stock and is payable beginning one year after termination of service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns interests with shareholders.

Positives

• The acquisition of phantom stock units aligns the director's interests with the company's performance.
• The GE Aerospace 2024 Non-Employee Director Compensation Plan incentivizes directors.

Future Outlook

The phantom stock units are payable beginning one year after termination of service as a director, suggesting a long-term alignment of interests.

Industry Context

Director compensation in the form of stock and stock units is a common practice to align management's interests with those of shareholders. This filing reflects standard compensation practices.

Comparison to Industry Standards

• Companies like Boeing, RTX, and Lockheed Martin also use stock-based compensation for their directors.
• The amount and type of equity compensation vary based on company size, performance, and industry norms.
• Phantom stock units are a common tool to provide equity-like incentives without diluting existing shareholders immediately.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with shareholders, potentially leading to better decision-making.
• The compensation plan may impact employee morale positively by demonstrating a commitment to aligning leadership with company success.

Key Dates

Keywords

phantom stock units, GE Aerospace, Stephen F. Angel, director compensation, Form 4, derivative securities, insider trading