Baker Hughes (BKR) executive earns PSU shares, withholds portion for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes Co Chief Growth & Experience Officer Maria C. Borras reported a compensation-related equity transaction. She acquired 99,962 shares of Class A Common Stock at $0 per share, representing shares earned from performance share units granted in 2023 for a three-year period ending December 31, 2025. On the same date, 39,336 shares were disposed of at $60.10 per share to cover tax obligations. After these transactions, she directly holds 152,661 shares, reflecting a net increase of 60,626 shares from the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BORRAS MARIA C
Role
Chief Growth & Experience Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 99,962 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 39,336 | $60.10 | $2.36M |
Holdings After Transaction:
Class A Common Stock — 191,997 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Baker Hughes (BKR) report for Maria C. Borras?
Baker Hughes reported that executive Maria C. Borras received 99,962 shares of Class A Common Stock as a performance-based equity award. She then had 39,336 of those shares withheld at $60.10 per share to cover tax obligations related to the award.
Was the Baker Hughes (BKR) Form 4 transaction a market buy or sell?
The Form 4 for Baker Hughes shows a grant/award of shares and a tax-withholding disposition, not an open-market buy or sell. Shares were issued as compensation, and a portion was withheld to satisfy tax liabilities, which is a routine administrative step.
What performance period did the Baker Hughes (BKR) PSUs cover for this award?
The performance share units that converted into 99,962 Baker Hughes shares covered a three-year performance period ending December 31, 2025. The Human Capital and Compensation Committee approved the resulting share payout on March 8, 2026, upon completion of that period.