Akins Nicholas K 4

What Happened

• Nicholas K. Akins, a director of GE Vernova Inc., had 495 restricted stock units (RSUs) convert/exercise on 2026-05-14. The filing shows a derivative exercise/conversion (transaction code M) for 495 shares at $0.00 — recorded as both an acquisition and a disposition with no cash proceeds.
• This reflects vested RSUs (one RSU = one share) that were converted; however, Akins elected to defer receipt of the underlying shares, so no shares were taken into possession or sold for cash in this transaction.

Key Details

• Transaction date: 2026-05-14; filing date: 2026-05-18 (timely).
• Transaction code: M (exercise/conversion of derivative); 495 shares; price $0.00.
• Footnotes: F1 — reporting person elected to defer receipt of shares until termination of director service or a change in control; F2 — disclaims beneficial ownership except for pecuniary interest; F3 — each RSU = right to one share; F4 — RSUs vested on the first anniversary of grant.
• Shares owned after transaction: the filer disclaims beneficial ownership of these securities per F2 and elected deferral per F1, so no direct beneficial ownership increase is reported in this filing.

Context

• This was not a cash sale or open-market purchase — it was the conversion/settlement event for vested RSUs with deferred receipt. Such filings commonly reflect administrative conversions and do not necessarily signal a buy or sell decision by the insider.