GE HealthCare (GEHC) grants 777 restricted stock units to director Kevin Lobo
Rhea-AI Filing Summary
Lobo Kevin reported acquisition or exercise transactions in this Form 4 filing.
GE HealthCare Technologies Inc. director Kevin Lobo received an equity award of 777 restricted stock units of common stock. These RSUs were granted at no cash cost to him and represent compensation rather than an open-market purchase or sale.
According to the award terms, 100% of the 777 restricted stock units will vest on the earlier of GE HealthCare’s next annual meeting of stockholders or March 13, 2027. Each vested unit entitles him to receive one share of GE HealthCare common stock, and settlement may be deferred under the company’s non-employee director compensation plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 777 | $0.00 | -- |
Footnotes (1)
- Award of restricted stock units with respect to GE HealthCare Technologies Inc. ("GE HealthCare") common stock, of which 100% will vest on the earlier of: (i) the date of GE HealthCare's next annual meeting of stockholders and (ii) March 13, 2027. Settlement of vested restricted stock units may be deferred by the director, in which case, settlement will occur pursuant to the reporting person's applicable deferral election in accordance with GE HealthCare's Non-Employee Director Compensation and Benefits Plan. Each restricted stock unit represents the right to receive, at settlement, one share of GE HealthCare common stock.
FAQ
What did GEHC director Kevin Lobo report in this Form 4 filing?
When do Kevin Lobo’s GEHC restricted stock units vest?
Is Kevin Lobo’s Form 4 transaction a market purchase or sale of GEHC stock?
Can settlement of Kevin Lobo’s GEHC restricted stock units be deferred?
What does each GEHC restricted stock unit granted to Kevin Lobo represent?