HUNDMEJEAN MARTINA 4
4 · GE Vernova Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
GE Vernova (GEV) Director Martina Hundmejean Exercises 495 RSUs
What Happened
Martina Hundmejean, a director of GE Vernova Inc. (GEV), reported the exercise/conversion of 495 restricted stock units (RSUs) on May 14, 2026. The filing shows 495 shares "acquired" and the same 495 shares "disposed" at an exercise/conversion price of $0.00, so there were no cash proceeds. According to the footnotes, the RSUs vested and were converted to shares, but Hundmejean elected to defer receipt of the actual stock.
Key Details
- Transaction date: 2026-05-14 (reported May 18, 2026). Filing appears timely (Form 4 deadline met).
- Transaction type/code: M (exercise/conversion of derivative).
- Shares involved: 495 RSUs converted to 495 shares. Price reported: $0.00; total cash consideration: $0.
- Footnotes:
- F1 — The reporting person elected to defer receipt of the shares until the earlier of 30 days after stepping down as director or a change in control.
- F2 — Each RSU equals the right to one share of GE Vernova common stock.
- F3 — The reported units were RSUs that vested on their first anniversary of grant.
- Shares owned after the transaction: not specified in the excerpt provided (check the full Form 4 for post-transaction ownership).
Context
This was a routine vesting/conversion of RSUs rather than an open-market buy or sale. No shares were delivered to the insider immediately because receipt was deferred per the election in F1, and no cash changed hands. For retail investors, this is generally a neutral event reflecting compensation vesting, not an indicative buy or sell signal.
Insider Transaction Report
- Exercise/Conversion
Common stock, par value $0.01 per share
[F1]2026-05-14+495→ 2,037 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-05-14−495→ 0 total→ Common stock, par value $0.01 per share (495 underlying)
Footnotes (3)
- [F1]The reporting person has elected to defer receipt of the shares of common stock until the earlier of (i) 30 days after termination of service as a director or (ii) a change in control event.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of GE Vernova Inc. ("GE Vernova") common stock.
- [F3]Represents an award of restricted stock units with respect to GE Vernova common stock that vested on the first anniversary of grant.