Bazin Sebastien 4

What Happened

• Sebastien Bazin, a director of General Electric Company (GE), was granted 114 Phantom Stock Units on 2026-03-31. The award is reported as 114 units at $306.32 each, with a reported aggregate value of $34,920. This was an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-31; filing date (Form 4): 2026-04-02 (no late filing indicated).
• Price/value: $306.32 per unit; total value $34,920.
• Shares owned after transaction: not specified in the Form 4.
• Footnotes: (F1) Grant made under the GE Aerospace 2024 Non‑Employee Director Compensation Plan; (F2) each Phantom Stock Unit is the economic equivalent of one share of GE common stock; (F3) units are payable beginning one year after termination of service as a director.
• Transaction type: Derivative award (Phantom Stock Units) — reported as an acquisition of economic units, not issuance of immediate common shares.

Context

• Phantom Stock Units are a form of deferred compensation that mirror the economic value of shares; they typically pay out in cash or stock at a future date and do not represent voting shares until/unless converted. This award appears to be routine director compensation rather than a market purchase or sale.