Gowder Amy L 4
Research Summary
AI-generated summary
GE Senior VP Amy Gowder Receives RSUs; Shares Sold to Cover Taxes
What Happened
- Amy L. Gowder, Senior Vice President of General Electric Co. (GE), had performance-based/RSU awards settle on March 1, 2026. She received a total of 31,109 shares from award settlement/option conversion (9,051 + 19,181 + 2,877 shares; acquisition price $0.00).
- To satisfy tax withholding obligations, 13,266 of those shares were surrendered/sold at $342.26 per share (3,987 + 8,011 + 1,268 shares), producing proceeds of $4,540,422 ($1,364,591 + $2,741,845 + $433,986). The awards themselves were granted March 1, 2023 and are reported as fully vested.
Key Details
- Transaction date: March 1, 2026. Sale/withholding price: $342.26 per share. Total proceeds from shares surrendered: $4,540,422.
- Shares received (vested/converted): 31,109. Shares sold/withheld for taxes: 13,266. Net shares retained from this settlement: 17,843.
- Footnotes: F1 = settlement of performance rights granted 3/1/2023; F2–F4 = RSUs represent contingent rights to one share, granted 3/1/2023, vest in installments, and these RSUs are fully vested.
- Transaction codes: A = award/grant/acquisition; M = exercise/conversion of derivative; F = payment of exercise price or tax liability (withholding/sale).
- Filing timing: Form filed March 3, 2026 (no late-filing flag provided in the data).
Context
- This was primarily a settlement/vesting event (awards converted to shares) with shares withheld/sold to cover tax liabilities — a routine administrative step rather than an outright market sell-off. The acquired shares had $0 acquisition price because they were awarded/vested.
- For retail investors: such tax-withholding disposals are common when RSUs/performance awards vest and do not necessarily indicate the insider's view on the company’s stock.