4Filed Sep 3, 8:00 PM ET
GEHC CEO Philip Rackliffe Withholds 798 Shares for Taxes
$GEHC · GE HealthCare Technologies Inc.Research Summary
AI-generated summary of this SEC filing
GEHC CEO Philip Rackliffe Withholds 798 Shares for Taxes
What Happened
Philip Rackliffe, CEO of GE HealthCare Technologies Inc. (GEHC), had 798 restricted stock unit (RSU) shares withheld to satisfy tax withholding obligations related to vesting. The shares were withheld at a per-share value of $70.56, representing a total value of approximately $56,307. This was a withholding-for-taxes transaction (reported as a disposition), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-09-03; reported on Form 4 filed 2026-09-04.
- Price per share: $70.56; shares withheld: 798; total value ≈ $56,307.
- Transaction code: F (withholding of shares to satisfy tax withholding on vesting). Footnote F1: withholding to satisfy tax obligations in connection with RSU vesting.
- Shares owned after transaction: not disclosed in this filing.
- Filing timeliness: Filed the day after the transaction (no late filing indicated).
Context
Withholding shares to cover taxes is a routine administrative step when RSUs vest (a "cashless" method of satisfying tax withholding). It should not be interpreted as a market sale reflecting a change in the insider’s view of the company; it merely pays the tax due on vested shares.