Baker Hughes (NYSE: BKR) CFO vests RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes Executive Vice President and Chief Financial Officer Moghal Ahmed Farhan reported equity transactions in the company’s Class A Common Stock. On January 26, 2026, 3,843 restricted stock units vested, converting into 3,843 shares of Class A Common Stock, representing the final installment of a grant made on January 24, 2023.
To cover tax obligations, 1,052 of these shares were withheld at a price of $56.29 per share. After these transactions, Farhan directly held 19,145 shares of Class A Common Stock and indirectly held 18,102 shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,843 shares exercised/converted
Mixed
4 txns
Insider
Moghal Ahmed Farhan
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit 01_23 | 3,843 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,843 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,052 | $56.29 | $59K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit 01_23 — 0 shares (Direct);
Class A Common Stock — 20,197 shares (Direct);
Class A Common Stock — 18,102 shares (Indirect, By spouse)
Footnotes (1)
- Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. Represents the last of three equal annual installments that vest annually beginning on the first anniversary of the January 24, 2023 grant date.
FAQ
What insider transaction did Baker Hughes (BKR) report for its CFO?
Baker Hughes reported that CFO Moghal Ahmed Farhan had 3,843 restricted stock units vest into Class A Common Stock. These units were part of an equity grant from January 24, 2023, and represented the last of three equal annual installments under that award.
What is the origin of the 3,843 restricted stock units reported by Baker Hughes (BKR)?
The 3,843 restricted stock units came from an equity grant dated January 24, 2023. This Form 4 notes that the reported vesting represents the last of three equal annual installments, which vested annually starting on the first anniversary of that original grant date.
How are Baker Hughes (BKR) restricted stock units treated in this Form 4?
Each restricted stock unit represents the right to receive one share of Baker Hughes Class A Common Stock without payment. When these units vest, as on January 26, 2026, they convert into common shares, which may then be partially withheld to cover associated tax liabilities.