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Baker Hughes (BKR) exec earns 23,739 PSUs; 11,478 shares withheld

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Baker Hughes Co Chief Infra & Performance Officer James E. Apostolides reported a stock-based compensation event. He received a grant of 23,739 shares of Class A Common Stock at no cost, earned from performance share units granted in 2023 for a three-year period ending December 31, 2025. To cover tax obligations, 11,478 shares were disposed of through share withholding at $60.10 per share. After these transactions, he directly owns 27,710 shares, reflecting routine compensation and tax withholding rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Apostolides James E

(Last) (First) (Middle)
575 NORTH DAIRY ASHFORD ROAD, SUITE 100

(Street)
HOUSTON TX 77079-1121

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Baker Hughes Co [ BKR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Infra & Performance Ofcr
3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/08/2026 A 23,739(1) A $0 39,188 D
Class A Common Stock 03/08/2026 F 11,478 D $60.1 27,710 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares earned for the performance share units (PSUs) granted in 2023 for the three-year performance period ending December 31, 2025 as approved by the Human Capital and Compensation Committee of the Board of Directors on March 8, 2026.
Remarks:
/s/ Fernando Contreras, Attorney-in-fact 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Baker Hughes (BKR) report for James E. Apostolides?

Baker Hughes reported that executive James E. Apostolides received 23,739 shares of Class A Common Stock as a stock-based award. The grant reflects performance share units earned over a three-year period, with part of the shares later withheld to satisfy tax obligations.

How many Baker Hughes (BKR) shares were granted to the executive in this Form 4?

James E. Apostolides was granted 23,739 shares of Baker Hughes Class A Common Stock. These shares represent performance share units granted in 2023 and earned over a three-year performance period ending December 31, 2025, as approved by the board’s compensation committee.

Why were 11,478 Baker Hughes (BKR) shares disposed of in this filing?

The 11,478 shares were withheld to satisfy tax obligations related to the stock award. This tax-withholding disposition, priced at $60.10 per share, is a common administrative mechanism and does not represent an open-market sale by the executive.

How many Baker Hughes (BKR) shares does James E. Apostolides hold after these transactions?

Following the grant and tax withholding, James E. Apostolides directly holds 27,710 shares of Baker Hughes Class A Common Stock. This figure reflects his position after both the award of new shares and the shares withheld for taxes.

What performance period is tied to the Baker Hughes (BKR) performance share units in this Form 4?

The earned shares relate to performance share units granted in 2023 for a three-year performance period ending December 31, 2025. The Human Capital and Compensation Committee of the Board approved the resulting share award on March 8, 2026.

Is the Baker Hughes (BKR) Form 4 transaction an open-market purchase or sale?

The Form 4 reflects a compensation-related share grant and tax withholding, not open-market trades. Shares were acquired as an award and a portion was disposed of purely to cover tax liabilities tied to that award.
Baker Hughes Co

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