Form 4: Baker Hughes Executive Increases Stake Through Restricted Stock Unit Vesting

Rebecca L. Charlton, SVP, Controller & CAO of Baker Hughes Co., acquired shares through the vesting of restricted stock units and sold a portion for tax withholding purposes.

Summary

• Rebecca L. Charlton, the Senior Vice President, Controller, and Chief Accounting Officer of Baker Hughes Co. (BKR), reported transactions on June 2, 2025.
• Ms. Charlton acquired 11,651 shares of Class A Common Stock through the vesting of restricted stock units (RSUs).
• Concurrently, she disposed of 3,866 shares of Class A Common Stock at a price of $37.32 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Ms. Charlton directly beneficially owns 19,272 shares of Class A Common Stock.
• She also directly beneficially owns 11,651 Restricted Stock Units, which represent the second of three equal annual installments vesting from a June 1, 2023 grant.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. The report details a routine, pre-scheduled compensation event (RSU vesting) for a key executive, which aligns management's interests with shareholders. The sale of shares was for tax purposes, a standard practice, and does not indicate a negative outlook.

Positives

• The vesting of 11,651 restricted stock units indicates a scheduled compensation event for a key executive, aligning her interests with shareholders.
• The net increase in directly owned shares (11,651 acquired minus 3,866 sold for taxes, resulting in a net gain of 7,785 shares) demonstrates the executive's continued and growing equity stake in Baker Hughes Co.

Negatives

• A portion of the vested shares (3,866 shares) was sold, albeit for tax purposes, which reduces the immediate direct ownership increase from the vesting event.

Future Outlook

The document indicates that the remaining Restricted Stock Units will vest in one more equal annual installment, continuing the scheduled compensation plan.

Industry Context

This Form 4 filing details a routine executive compensation event, specifically the vesting of restricted stock units, which is a common practice across various industries, including the energy services sector where Baker Hughes operates. It reflects standard incentive alignment mechanisms rather than specific industry trends.

Stakeholder Impact

• Shareholders: The vesting and subsequent net increase in shares held by a senior executive can be viewed positively as it reinforces management's alignment with shareholder interests.
• Employees: This is a routine compensation event for a senior executive and does not directly impact the broader employee base beyond standard compensation practices.

Next Steps

• The remaining portion of the Restricted Stock Units granted on June 1, 2023, is expected to vest in one more equal annual installment.

Key Dates

Keywords

Baker Hughes, BKR, Form 4, Insider Transaction, Restricted Stock Unit, RSU, Executive Compensation, Stock Ownership, SEC Filing