Baker Hughes (BKR) SVP trades shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes executive Rebecca L. Charlton, SVP, Controller & CAO, reported a combination of RSU vesting, tax withholding, and an open-market sale of Class A Common Stock.
On June 1, 2026, 11,651 restricted stock units were exercised into the same number of common shares as the final installment of a June 1, 2023 grant. In connection with this vesting, 4,585 shares were disposed of to cover tax obligations.
On June 3, 2026, Charlton sold 5,088 shares in an open-market transaction at an average price of $64.22 per share. The filing notes this sale was made pursuant to a Rule 10b5-1 trading plan adopted on February 24, 2026. After these transactions, Charlton directly holds 15,997 shares of Baker Hughes Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,088 shares ($326,751)
Net Sell
4 txns
Insider
Charlton Rebecca L
Role
SVP, Controller & CAO
Sold
5,088 shs ($327K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,088 | $64.22 | $327K |
| Exercise | Restricted Stock Unit | 11,651 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,651 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,585 | $62.97 | $289K |
Holdings After Transaction:
Class A Common Stock — 15,997 shares (Direct, null);
Restricted Stock Unit — 0 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026. Represents the last of three equal annual installments that vest annually beginning on the first anniversary of the June 1, 2023 grant date.
Key Figures
Open-market sale: 5,088 shares at $64.22
RSUs exercised: 11,651 shares
Tax-withholding shares: 4,585 shares
+2 more
5 metrics
Open-market sale
5,088 shares at $64.22
Class A Common Stock sold on June 3, 2026
RSUs exercised
11,651 shares
Restricted stock units converted on June 1, 2026
Tax-withholding shares
4,585 shares
Disposed to cover tax liability on June 1, 2026
Shares held after transactions
15,997 shares
Direct Class A Common Stock ownership following transactions
Net buy/sell shares
-5,088 shares
Net sell direction across reported transactions
Key Terms
restricted stock unit, Rule 10b5-1 trading plan, tax-withholding disposition, derivative exercise/conversion
4 terms
restricted stock unit financial
"Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 10b5-1 trading plan financial
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did Baker Hughes (BKR) executive Rebecca Charlton report?
Rebecca Charlton reported RSU vesting, tax withholding, and an open-market sale. 11,651 restricted stock units converted into common shares, 4,585 shares were withheld for taxes, and 5,088 shares were sold in the market under a Rule 10b5-1 trading plan.
What RSU activity did the Baker Hughes (BKR) Form 4 disclose for Rebecca Charlton?
The Form 4 shows 11,651 restricted stock units converted into the same number of Baker Hughes Class A Common shares. This vesting represented the last of three equal annual installments from a June 1, 2023 grant, completing that RSU award’s vesting schedule.