Form 4: Baker Hughes Executive Sreeganesh Ramaswamy Reports Stock Transactions
SEC Form 4 Filing
EVP Sreeganesh Ramaswamy of Baker Hughes Co. reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On February 3, 2025, Sreeganesh Ramaswamy, an Executive Vice President at Baker Hughes Co., reported transactions involving Class A Common Stock.
- 14,553 shares were acquired through the vesting of restricted stock units.
- Simultaneously, 6,447 shares were disposed of at a price of $47.4 to satisfy tax obligations.
- Following these transactions, Ramaswamy directly owns 65,520 shares of Class A Common Stock and 29,107 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
There is no future outlook provided in this document.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership adjustments.
Key Dates
| Date | Description |
|---|---|
| February 1, 2024 | Grant date of the restricted stock units, vesting annually over three years. |
| February 3, 2025 | Date of the reported stock transactions (vesting and sale). |
| February 5, 2025 | Date of signature for the Form 4 filing. |
Keywords
Baker Hughes, Sreeganesh Ramaswamy, Form 4, Stock Transaction, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, SEC Filing
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