Procacci Riccardo 4
Research Summary
AI-generated summary
GE SVP Riccardo Procacci Sells 800 Shares
What Happened
Riccardo Procacci, Senior Vice President at General Electric Co. (GE), reported a sale of 800 shares on 2026-02-03. The shares were disposed at $310.11 each for total gross proceeds of $248,088. The Form 4 lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date: 2026-02-03
- Filing date (Form 4): 2026-02-04 (timely filing)
- Price per share: $310.11
- Total value: $248,088 (800 shares × $310.11)
- Shares owned after transaction: not disclosed in the provided filing details
- Footnotes / special plans: no 10b5-1 plan, tax-withholding, or other footnotes indicated in the information provided
- Filing timeliness: appears timely (filed the next day)
Context
- This was a sale (disposition). Sales by insiders are common and can be routine (cash needs, diversification, pre-arranged plans); they do not necessarily indicate a change in view of the company.
- There is no indication this was an option exercise, gift, or tax-withholding event in the supplied details.