Giglietti Robert M. 4

What Happened

• Robert M. Giglietti, Vice President of General Electric (GE), had performance-based equity settle and converted derivative awards on March 1, 2026. The filing shows a grant/settlement of 10,865 restricted stock units (RSUs) and conversion/exercise entries for 3,453 derivative shares.
• To satisfy tax obligations, 6,410 shares were surrendered/sold (4,809 shares and 1,601 shares) at $342.26 per share, generating withholding proceeds of $1,645,928 and $547,958 respectively (total $2,193,886). The Form 4 also records a 3,453-share derivative disposition entry associated with the conversion/exercise.

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
• Prices/values: tax-withholding disposals at $342.26/share; withholding totals $1,645,928 and $547,958 (combined $2,193,886).
• Shares reported acquired/received: 10,865 RSUs (award/settlement) and a 3,453-share exercise/conversion entry.
• Shares reported disposed/withheld: 4,809 shares and 1,601 shares (tax withholding), plus a 3,453-share derivative disposition entry.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — settlement of performance rights granted March 1, 2023; F2 — each RSU equals the right to one share; F3 — these RSUs were fully vested.

Context

• This was largely a settlement/vesting event with shares surrendered to cover tax liabilities (a routine corporate/administrative action), rather than an open-market sale to take investment profits. Such withholdings are common when equity awards vest and do not necessarily signal the insider’s view of the stock.
• The filing includes exercise/conversion (M) and tax-withholding (F) codes; the presence of both acquisition and disposal entries reflects the mechanics of settling performance rights/RSUs and satisfying tax obligations.