Form 4: Baker Hughes Executive Reports Stock Transactions

Rebecca L. Charlton, SVP, Controller & CAO of Baker Hughes Co, reports the vesting and subsequent disposal of restricted stock units.

Summary

• On February 3, 2025, Rebecca L. Charlton, SVP, Controller & CAO of Baker Hughes Co, reported transactions involving Class A Common Stock.
• Ms. Charlton acquired 3,725 shares of Class A Common Stock upon the vesting of restricted stock units.
• She then disposed of 1,051 shares to cover tax obligations at a price of $47.4 per share.
• Following these transactions, Ms. Charlton directly owns 11,487 shares of Class A Common Stock and 7,452 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive stock transactions and doesn't inherently indicate positive or negative sentiment. It reflects standard compensation practices.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time, aligning executive interests with long-term shareholder value.
• The disposal of shares to cover tax obligations upon vesting is a common practice among executives receiving equity compensation.
• Comparing the vesting schedule and equity holdings of Baker Hughes executives to those of peers like Schlumberger (SLB) and Halliburton (HAL) can provide insights into the company's compensation practices.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Baker Hughes, BKR, Stock Transaction, Restricted Stock Units, Insider Trading, Executive Compensation, Rebecca L. Charlton