SACCARO JAMES 4
Research Summary
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GE HealthCare (GEHC) CFO James Saccaro Receives Award, Withholds Shares
What Happened
- James Saccaro, CFO of GE HealthCare Technologies Inc. (GEHC), had 22,610 performance stock units (PSUs) vest on February 12, 2026. Those PSUs converted to 22,610 shares of GEHC common stock (acquired at $0.00). To satisfy tax withholding, 8,570 of those shares were withheld/disposed at an implicit value of $79.20 per share, equal to $678,744. The net shares retained by Saccaro from the vesting were 14,040 shares (22,610 - 8,570).
Key Details
- Transaction dates: Vesting and acquisition on 2026-02-12; Form 4 filed 2026-02-17 (filed late relative to the two-business-day rule).
- Prices and values: Withheld 8,570 shares at $79.20 per share = $678,744 tax withholding. Awarded 22,610 shares @ $0.00 (PSU conversion).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes: F1 — PSUs were granted March 1, 2023; performance criteria were met and PSUs vested Feb 12, 2026. F2 — Share withholding was to satisfy tax withholding obligations.
- Transaction codes: A = Award/Grant (PSU vesting/acquisition); F = Tax withholding (disposition of shares).
Context
- These were performance-based restricted-equity awards (PSUs) that vested after certification of performance metrics — a routine form of executive compensation, not an open-market purchase or discretionary sale. The withholding of shares to cover taxes is a common cashless method of satisfying tax liability upon vesting. Note the Form 4 was filed on Feb 17, 2026, one business day after the typical two-business-day filing deadline, which the filing indicates as late.