HUNDMEJEAN MARTINA 4
Research Summary
AI-generated summary
GE Vernova Director Martina Hundmejean Receives 173-Share Award
What Happened
- Director Martina Hundmejean received an award of 173 restricted stock units (RSUs) on 2026-05-20. The reported acquisition price is $0.00 because this is a grant of RSUs (a derivative award that converts to shares at settlement). This was a grant/award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-22 (filed within the typical two-business-day SEC window).
- Award: 173 RSUs @ $0.00 (derivative award). Total cash paid: $0 (value realized depends on GE Vernova share price at settlement).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: Each RSU entitles the holder to receive one share of GE Vernova common stock at settlement.
- F2: These RSUs vest at the earlier of the next GE Vernova annual meeting of stockholders or a change in control. The reporting person elected to defer receiving the underlying shares until the earlier of (i) 30 days after termination of service as a director or or (ii) a change in control.
- No indication this was part of a 10b5-1 plan, taxable withholding, or an option exercise; it is a standard equity award to a director.
Context
- RSU grants to directors are a common form of compensation and do not require cash outlay; they represent future equity subject to vesting and any deferral elections.
- Because these are deferred RSUs, the director will not immediately receive shares — value will be realized only upon settlement according to the vesting and deferral conditions.