Form 4: Baker Hughes Executive Receives 33,632 Restricted Stock Units

Maria C. Borras, Chief Growth & Experience Officer at Baker Hughes, was granted 33,632 restricted stock units on January 30, 2025.

Summary

• Maria C. Borras, Chief Growth & Experience Officer at Baker Hughes, received 33,632 restricted stock units on January 30, 2025.
• These restricted stock units represent the right to receive one share of Class A Common Stock of Baker Hughes per unit.
• The restricted stock units vest in three equal annual installments, starting one year from the grant date.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management interests with shareholders. There are no negative implications.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The restricted stock units will vest over the next three years, aligning the executive's compensation with the company's long-term performance.

Industry Context

Equity compensation is a common practice in the oil and gas industry to attract and retain top talent. This grant is part of Baker Hughes' overall compensation strategy.

Comparison to Industry Standards

• Companies like Schlumberger (SLB) and Halliburton (HAL) also use restricted stock units as part of their executive compensation packages.
• The vesting schedule of three years is fairly standard in the industry for these types of grants.
• The number of units granted is specific to the executive's role and performance, and would need to be compared to similar roles at other companies to determine if it is in line with industry standards.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning executive interests with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

Restricted Stock Units, Baker Hughes, Equity Compensation, Executive Compensation, Stock Grant, BKR