Form 4: Baker Hughes Co: Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Maria Georgia Magno, Chief Legal Officer of Baker Hughes Co, reports acquisition and disposal of Class A Common Stock on March 11, 2024.
Summary
- On March 11, 2024, Maria Georgia Magno, the Chief Legal Officer of Baker Hughes Co, reported transactions involving Class A Common Stock.
- Magno acquired 5,471 shares of Class A Common Stock at $0.
- Magno disposed of 2,353 shares of Class A Common Stock at $31.3.
- Following these transactions, Magno beneficially owns 8,240.296 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transactions (acquisition and disposal). |
| 03/11/2024 | Human Capital and Compensation Committee approved the shares earned for the performance share units (PSUs) granted in 2021. |
| 03/13/2024 | Date of signature for the report. |
| December 31, 2023 | End of the three-year performance period for the performance share units (PSUs) granted in 2021. |
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