Baert Steven 4

What Happened
Steven Baert, Chief People Officer of GE Vernova (GEV), had 8,505 restricted stock units convert to common shares on April 3, 2026. Of those, 4,113 shares were surrendered to cover tax withholding at $898.57 per share, generating proceeds of $3,695,818. The conversion of the RSUs (reported as derivative exercise/conversion) resulted in a net delivery to Baert of 4,392 shares (8,505 converted minus 4,113 withheld).

Key Details

• Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (appears timely).
• Actions reported: M = exercise/conversion of derivative (8,505 RSUs converted); F = shares surrendered for tax withholding (4,113 shares disposed).
• Withholding price: $898.57 per share; proceeds from withholding: $3,695,818.
• Net shares delivered to insider: 4,392 shares (8,505 converted − 4,113 withheld).
• Footnotes: F1 clarifies each RSU equals one GE Vernova share. F2 notes these RSUs resulted from conversion of prior GE awards; one-half of that award vested April 3, 2025 and the other half vested April 3, 2026.
• Shares owned after transaction: not specified in the filing.

Context
This was a routine net settlement of vested RSUs (conversion of derivative awards and share withholding to cover taxes), not an open-market sale for cash beyond the tax withholding. Such withholdings are common when equity awards vest and do not necessarily indicate a change in the insider’s view of the company.