ANGEL STEPHEN F 4
Research Summary
AI-generated summary
GE Vernova Director Stephen F. Angel Receives RSU Award
What Happened
- Stephen F. Angel, a director of GE Vernova Inc. (GEV), received two awards of restricted stock units (RSUs) on 2026-05-20: 173 RSUs and 299 RSUs, for a total of 472 RSUs. Each RSU represents the right to receive one share of GE Vernova common stock at settlement. The reported grant price is $0.00, which is typical for equity awards (no cash paid at grant). This was an award (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-05-20; Filing date (Form 4): 2026-05-22 (appears filed within the standard 2-business-day window).
- Grants: 173 RSUs @ $0.00 and 299 RSUs @ $0.00 — total 472 RSUs (derivative awards).
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes of note:
- F1: Each RSU converts to one share at settlement.
- F2: These RSUs vest at the earliest of the next GE Vernova Annual Meeting or a change in control; Angel elected to defer receipt until 30 days after he leaves the board or a change in control.
- F3: The RSUs were elected in lieu of his annual cash retainer for board service.
- Transaction code: A = Award/Grant.
Context
- RSU grants are compensation, not a market buy or sell, and are commonly used to align directors' interests with shareholders; they do not necessarily signal an insider view on the stock. Because these awards are deferred and subject to vesting, no shares were delivered to Angel at grant.