Ge Aerospace (GE) has released an update.
Recent filings with the SEC reveal that directors of General Electric have engaged in transactions involving restricted stock units and phantom stock units under the company’s 2022 Long-Term Incentive Plan, which will vest after one year. These transactions, recorded on SEC Form 4, indicate acquisitions at a price per unit outlined in the incentive plan, with the phantom stock units being economically equivalent to the issuer’s common stock. The reported transactions demonstrate continued insider confidence and investment in the company’s growth.
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