GE (GE) director Sebastien Bazin granted 114 phantom stock units as deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bazin Sebastien reported acquisition or exercise transactions in this Form 4 filing.
GENERAL ELECTRIC CO director Sebastien Bazin received a grant of 114 Phantom Stock Units tied to GE common stock. The units were awarded at a reference price of $306.32 per unit under the GE Aerospace 2024 Non-Employee Director Compensation Plan. Each Phantom Stock Unit is economically equivalent to one share of GE common stock and is payable beginning one year after Bazin’s termination of service as a director. Following this award, Bazin holds a total of 1,208 Phantom Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bazin Sebastien
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 114 | $306.32 | $35K |
Holdings After Transaction:
Phantom Stock Units — 1,208 shares (Direct)
Footnotes (1)
- Acquired at a price of $306.32 per unit pursuant to the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan. Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock. Payable beginning one year after termination of service as a director.
Key Figures
Phantom Stock Units granted: 114 units
Grant price per unit: $306.32 per unit
Total Phantom Stock Units after grant: 1,208 units
+1 more
4 metrics
Phantom Stock Units granted
114 units
Grant on 2026-03-31 under GE Aerospace 2024 Non-Employee Director Compensation Plan
Grant price per unit
$306.32 per unit
Reference price for Phantom Stock Unit award
Total Phantom Stock Units after grant
1,208 units
Holdings following reported transaction
Underlying security
114 shares common stock equivalent
Each Phantom Stock Unit equals one GE common share economically
Key Terms
Phantom Stock Units, economic equivalent, deferred compensation, Non-Employee Director Compensation Plan
4 terms
Phantom Stock Units financial
"Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
economic equivalent financial
"Each Phantom Stock Unit is the economic equivalent of one share of the issuer's common stock."
deferred compensation financial
"Payable beginning one year after termination of service as a director."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
Non-Employee Director Compensation Plan financial
"pursuant to the terms of the GE Aerospace 2024 Non-Employee Director Compensation Plan."
FAQ
What did GE director Sebastien Bazin report in this Form 4 for GE?
Sebastien Bazin reported receiving a grant of 114 Phantom Stock Units tied to General Electric common stock. These units were awarded as part of the GE Aerospace 2024 Non-Employee Director Compensation Plan and increase his total Phantom Stock Unit holdings to 1,208 units.
How many Phantom Stock Units does Sebastien Bazin hold after this GE transaction?
After this transaction, Sebastien Bazin holds 1,208 Phantom Stock Units. The filing shows a grant of 114 new units, bringing his total Phantom Stock Unit balance to 1,208, all of which are tied economically to GE common stock performance.
What are Phantom Stock Units in the context of GE and this Form 4?
In this filing, each Phantom Stock Unit is described as the economic equivalent of one share of GE common stock. They are a form of deferred compensation that tracks the value of the stock but are payable in the future rather than as immediate share ownership.
When will Sebastien Bazin’s GE Phantom Stock Units become payable?
The Phantom Stock Units become payable beginning one year after Sebastien Bazin’s termination of service as a director. This means the compensation is deferred until at least one year after he leaves the GE board, aligning payment with his service period.
At what price were the GE Phantom Stock Units granted to Sebastien Bazin?
The Phantom Stock Units were acquired at a reference price of $306.32 per unit. This price is specified under the GE Aerospace 2024 Non-Employee Director Compensation Plan and is used to value the 114 units granted in this reporting transaction.