Form 4: Baker Hughes Director Lynn Laverty Elsenhans Reports Stock Transactions
SEC Form 4 Filing
Director Lynn Laverty Elsenhans reports the vesting and settlement of restricted stock units into Baker Hughes Co Class A Common Stock.
Summary
- On May 22, 2024, Lynn Laverty Elsenhans, a director of Baker Hughes Co, reported transactions involving Class A Common Stock.
- Specifically, 5,453 restricted stock units vested and were settled into 5,453 shares of Class A Common Stock.
- Following the transaction, Elsenhans directly owns 88,420 shares of Class A Common Stock.
- The restricted stock units vested immediately on the date of grant and immediately settled in shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it represents a routine vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: vesting and settlement of restricted stock units. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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