Matthew Joseph Potvin - Feb 28, 2025 Form 4 Insider Report for GE Vernova Inc. (GEV)

Role: Chief Accounting Officer
Signature: Richmond Glasgow, VP, Chief Corporate Counsel & Deputy Secretary, as attorney-in-fact
Stock symbol: GEV
Transactions as of: Feb 28, 2025
Transactions value $: -$352,609
Form type: 4
Date filed: 3/4/2025, 08:32 PM
Previous filing: Aug 26, 2024
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	+982	+183.21%	$0.00	1.52K	Mar 1, 2025	Direct
transaction	GEV	Common stock, par value $0.01 per share	Tax liability	-$125K	-372	-24.51%	$335.18	1.15K	Mar 1, 2025	Direct
transaction	GEV	Common stock, par value $0.01 per share	Options Exercise	$0	+937	+81.76%	$0.00	2.08K	Mar 1, 2025	Direct
transaction	GEV	Common stock, par value $0.01 per share	Tax liability	-$113K	-338	-16.23%	$335.18	1.75K	Mar 1, 2025	Direct
transaction	GEV	Common stock, par value $0.01 per share	Options Exercise	$0	+948	+54.33%	$0.00	2.69K	Mar 1, 2025	Direct
transaction	GEV	Common stock, par value $0.01 per share	Tax liability	-$115K	-342	-12.7%	$335.18	2.35K	Mar 1, 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	-982	-100%	$0.00	0	Mar 1, 2025	Common stock, par value $0.01 per share	982		Direct	F1, F2
transaction	GEV	Restricted Stock Units	Options Exercise	$0	-937	-49.97%	$0.00	938	Mar 1, 2025	Common stock, par value $0.01 per share	937		Direct	F1, F3
transaction	GEV	Restricted Stock Units	Options Exercise	$0	-948	-32.99%	$0.00	1.93K	Mar 1, 2025	Common stock, par value $0.01 per share	948		Direct	F1, F4
transaction	GEV	Restricted Stock Units	Award	$0	+1.12K		$0.00	1.12K	Feb 28, 2025	Common stock, par value $0.01 per share	1.12K		Direct	F1, F5

* 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"). Such equity incentive awards were previously granted by GE to the reporting person, which 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.