Scott Strazik - Feb 28, 2025 Form 4 Insider Report for GE Vernova Inc. (GEV)

Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Stock symbol
GEV
Transactions as of
Feb 28, 2025
Transactions value $
-$3,729,548
Form type
4
Date filed
3/4/2025, 08:32 PM
Previous filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEV Common stock, par value $0.01 per share Options Exercise $0 +7.85K +11.27% $0.00 77.5K Mar 1, 2025 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$1.31M -3.9K -5.03% $335.18 73.6K Mar 1, 2025 Direct
transaction GEV Common stock, par value $0.01 per share Options Exercise $0 +9K +12.23% $0.00 82.6K Mar 1, 2025 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$1.48M -4.41K -5.34% $335.18 78.2K Mar 1, 2025 Direct
transaction GEV Common stock, par value $0.01 per share Options Exercise $0 +6.76K +8.64% $0.00 84.9K Mar 1, 2025 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$947K -2.82K -3.33% $335.18 82.1K Mar 1, 2025 Direct
holding GEV Common stock, par value $0.01 per share 2.37K Feb 28, 2025 By 401(k)
holding GEV Common stock, par value $0.01 per share 1.3K Feb 28, 2025 By spouse's 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEV Restricted Stock Units Options Exercise $0 -7.85K -100% $0.00 0 Mar 1, 2025 Common stock, par value $0.01 per share 7.85K Direct F1, F2
transaction GEV Restricted Stock Units Options Exercise $0 -9K -50% $0.00 9K Mar 1, 2025 Common stock, par value $0.01 per share 9K Direct F1, F3
transaction GEV Restricted Stock Units Options Exercise $0 -6.76K -33% $0.00 13.7K Mar 1, 2025 Common stock, par value $0.01 per share 6.76K Direct F1, F4
transaction GEV Restricted Stock Units Award $0 +9.21K $0.00 9.21K Feb 28, 2025 Common stock, par value $0.01 per share 9.21K Direct F1, F5
transaction GEV Employee Stock Option (right to buy) Award $0 +17.9K $0.00 17.9K Feb 28, 2025 Common stock, par value $0.01 per share 17.9K $335.18 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
F2 Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the consummation on April 2, 2024 of the distribution of all of the shares of common stock of GE Vernova by General Electric Company ("GE") to holders of GE common stock on a pro rata basis ("Spin-Off"). This equity incentive award was previously granted by GE to the reporting person and became fully vested on March 1, 2025
F3 Represents an award of restricted stock units with respect to GE Vernova common stock that resulted from the conversion of certain equity incentive awards in connection with the Spin-Off. Such equity incentive awards were previously granted by GE to the reporting person, of which 50% vested on March 1, 2025 and 50% will vest on March 1, 2026.
F4 Represents an award of restricted stock units with respect to GE Vernova common stock that vested 33% on March 1, 2025, and will vest 33% on March 1, 2026 and 34% on March 1, 2027.
F5 Represents an award of restricted stock units with respect to GE Vernova common stock that will vest in three installments of 33% on March 1, 2026, 33% on March 1, 2027 and 34% on March 1, 2028.
F6 Represents an award of an employee stock option with respect to GE Vernova common stock, of which 33% will become exercisable on March 1, 2026, 33% will become exercisable on March 1, 2027 and 34% will become exercisable on March 1, 2028.