Abate Victor 4

What Happened

• Victor Abate, CEO of GE Vernova (GEV), was granted a total of 1,215 stock award units: 1,163 units on 2026-01-23 and 52 units on 2026-01-26. These were reported on a Form 4 filed 2026-01-27.
• The awards are recorded as derivative/notional units (price N/A) rather than open-market purchases or immediate share issuances; their value is payable in cash under the company’s Restoration Plan when payout conditions are met.

Key Details

• Transaction dates and counts: 2026-01-23 — 1,163 units; 2026-01-26 — 52 units. Price per unit: N/A (not an open-market trade).
• Shares owned after transaction: not specified in the Form 4 filing.
• Filing: Form 4 dated 2026-01-27 reporting the above grants.
• Footnote (F1): The awards are units in the GE Vernova Restoration Plan’s Stock Fund, a notional option that mirrors GE Vernova common stock (the fund holds ≥98% GE Vernova stock). The participant’s notional account value is payable in cash under the Restoration Plan, generally in July of the year following separation from service.

Context

• These awards are compensation/deferred‑pay arrangements (not purchases or sales). They do not represent immediate transfer of tradable shares; payout is typically in cash per plan terms.
• Such grants are routine for executives and should be viewed as compensation rather than a direct indicator of insider buying or selling sentiment.