Giglietti Robert M. 4
Research Summary
AI-generated summary
GE VP Robert Giglietti Exercises RSUs; Shares Withheld for Taxes
What Happened
- Robert M. Giglietti, Vice President of General Electric Co. (GE), had Restricted Stock Units (RSUs) convert into common shares on May 1, 2026. A total of 3,189 RSUs were converted (773 + 2,416), and 1,479 shares were withheld to satisfy tax withholding at $286.51 per share (359 + 1,120), totaling $423,748. After withholding, Giglietti received a net 1,710 shares. This was a vesting/conversion event, not an open-market sale or purchase.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely filing).
- Conversion (code M): 3,189 shares acquired at $0.00 (RSU conversion).
- Tax withholding (code F): 1,479 shares disposed at $286.51 each to cover tax liability; total value $423,748.
- Net shares delivered to insider: 1,710 shares (3,189 gross − 1,479 withheld).
- Footnotes: F1 — each RSU equals the right to one share; F2 — these RSUs were granted May 1, 2024 and vest in two equal installments on the second and third anniversaries (this appears to be the 50% vesting installment).
- Filing timeliness: Reported on May 5, 2026 for a May 1, 2026 event — appears timely (within the standard reporting window).
Context
- This is a routine RSU vesting with shares withheld to satisfy tax obligations (often called a net settlement or tax-withholding disposition), not an indication of an open-market sale. The M code denotes conversion/exercise of a derivative (RSU), and F indicates payment of taxes via share withholding. No evidence in this filing of additional market sales or purchases by the insider.