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

Role
Chief Financial Officer
Signature
Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Issuer symbol
GEV
Transactions as of
28 Feb 2025
Transactions value $
-$253,396
Form type
4
Filing time
04 Mar 2025, 20:32:46 UTC
Previous filing
03 Dec 2024
Next filing
27 Aug 2025
SEC
View on sec.gov

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 +2.49K +27.18% $0.00 11.6K 01 Mar 2025 Direct
transaction GEV Common stock, par value $0.01 per share Tax liability -$253K -756 -6.49% $335.18 10.9K 01 Mar 2025 Direct

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 -2.49K -33% $0.00 5.05K 01 Mar 2025 Common stock, par value $0.01 per share 2.49K Direct F1, F2
transaction GEV Restricted Stock Units Award $0 +2.93K $0.00 2.93K 28 Feb 2025 Common stock, par value $0.01 per share 2.93K Direct F1, F3
transaction GEV Employee Stock Option (right to buy) Award $0 +5.7K $0.00 5.7K 28 Feb 2025 Common stock, par value $0.01 per share 5.7K $335.18 Direct F4
* 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 vested 33% on March 1, 2025, and will vest 33% on March 1, 2026 and 34% on March 1, 2027.
F3 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.
F4 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.