BUSH WESLEY G 4

What Happened
Wesley G. Bush, a director of General Electric Co. (GE), was granted 114 Phantom Stock Units (derivative awards) on 2026-03-31. Each unit was valued at $306.32, for a total reported value of $34,920. This was a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-31; filing date: 2026-04-02 (filed within the Form 4 two-business-day window).
• Transaction type/code: Grant / Award (A) — Phantom Stock Units (derivative).
• Units granted: 114 units at $306.32 per unit; total value $34,920.
• Shares/units owned after transaction: Not disclosed in the filing.
• Footnotes from the filing:
  • Award made pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan.
  • Each Phantom Stock Unit is the economic equivalent of one share of GE common stock.
  • Awards are payable beginning one year after termination of service as a director (deferred payout).
• Not a sale or exercise; this is routine director compensation, not an immediate market signal.

Context
Phantom Stock Units are a form of deferred compensation that track a share’s economic value but typically do not convey immediate stock ownership, voting rights, or dividends until settlement. Per the filing, these units are payable beginning one year after Mr. Bush’s service as a director ends, so they represent deferred pay rather than an immediate buy or sale of GE shares.