General Electric (GE) SVP Ali Mohamed Exercises Options, Sells Shares
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General Electric (GE) SVP Ali Mohamed Exercises Options, Sells Shares
What Happened
Ali Mohamed, Senior Vice President at General Electric (GE), exercised a total of 8,096 employee stock options on 2026-07-24 (two option grants) and immediately sold the resulting 8,096 shares in multiple open-market transactions. The exercises incurred cash costs of $273,180 (3,035 shares at $90.01) and $351,993 (5,061 shares at $69.55). The open‑market sales generated aggregate gross proceeds of about $2,863,614 (sales at weighted-average prices roughly $353.63–$353.75). The filing indicates the options were fully vested.
Key Details
- Transaction date: 2026-07-24; Form 4 filed 2026-07-28 (timely filing).
- Options exercised: 3,035 shares (strike $90.01, exp. Nov 2027) and 5,061 shares (strike $69.55, exp. Mar 2028). (Footnotes F1, F3, F5)
- Shares sold: 1,769 + 1,266 + 2,782 + 2,279 = 8,096 shares in multiple trades; weighted-average sale prices reported in ranges $353.63–$353.74 and $353.72–$353.74 (see F2, F4). The reporting person can provide per-trade price breakdown on request.
- Exercise cash paid (approx.): $625,173; gross sale proceeds (approx.): $2,863,614.
- “$0.00” derivative disposals reflect the conversion/disposition of exercised options (cashless or simultaneous sale).
- Shares owned after the transaction: not specified in the provided excerpt—see the full Form 4 for remaining holdings.
- No 10%‑owner flag or 10b5‑1 plan noted in the provided details.
Context
This is a common pattern where an insider exercises vested employee options and immediately sells the shares—often to cover exercise costs and tax withholding—so the exercises plus sales together do not necessarily signal a long‑term buy. The filing shows the options were fully vested and had expirations in Nov 2027 and Mar 2028. For full breakdown of per‑trade prices and remaining holdings, refer to the complete Form 4 or contact the company/SEC staff as indicated in the footnotes.