GE Director Sebastien Bazin Receives Quarterly Phantom Stock Grant
GENERAL ELECTRIC CO
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Filing Summary
š Form 4 Filing Analysis: GENERAL ELECTRIC CO ($GE) ⢠Insider: Sebastien Bazin (Director) ⢠Transaction: Grant / Acquisition (Code A) ⢠Security: Phantom Stock Units ⢠Quantity: 117 units @ $321.80 ($37,650.60 total value) ⢠Post-Transaction Holdings: 1,434 units ⢠Significance: Low (Routine quarterly non-employee director compensation)
Comprehensive Analysis
Executive Summary
On October 2, 2026, General Electric Co ($GE) filed a Form 4 detailing an acquisition of derivative securities by Director Sebastien Bazin. On September 30, 2026, Bazin acquired 117 Phantom Stock Units at an implied price of $321.80 per unit, representing a total transaction value of approximately $37,650.60.
Transaction Details
- Security: Phantom Stock Units (each economically equivalent to one share of GE Common Stock).
- Nature of Transaction: Automatic grant/award pursuant to the GE Aerospace 2024 Non-Employee Director Compensation Plan.
- Transaction Code:
A(Grant, award, or other acquisition pursuant to Rule 16b-3(d)). - Shares/Units Acquired: 117
- Price Per Share: $321.80
- Resulting Ownership: 1,434 Phantom Stock Units held directly.
- Settlement Terms: Payable starting one year after termination of service as a director.
Market Impact & Significance
This transaction carries Low trading significance as it is standard quarterly director compensation rather than an open-market purchase or sale. Routine equity-based compensation for board members aligns director interests with long-term shareholder value but does not reflect discretionary market sentiment.
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