Baker Hughes (NYSE: BKR) grants CEO 91,262 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes Company granted Chairman, President and CEO Lorenzo Simonelli 91,262 restricted stock units on 02/04/2026. Each restricted stock unit represents a right to receive, without payment, one share of the company’s Class A Common Stock.
The restricted stock units vest in three equal annual installments beginning one year from the grant date, aligning the CEO’s compensation with longer-term company performance. Following this grant, Simonelli beneficially owns 91,262 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simonelli Lorenzo
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 02_26 | 91,262 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units 02_26 — 91,262 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. The restricted stock unit vests in three equal annual installments beginning one year from the date of grant.
FAQ
What did Baker Hughes (BKR) disclose in this Form 4 filing?
Baker Hughes disclosed that CEO Lorenzo Simonelli received 91,262 restricted stock units on February 4, 2026. These equity awards represent potential future shares of Class A Common Stock, subject to a multi-year vesting schedule tied to continued service.
How many restricted stock units did the Baker Hughes (BKR) CEO receive?
Lorenzo Simonelli was granted 91,262 restricted stock units. Each unit gives the right to receive one share of Baker Hughes Class A Common Stock without payment, providing equity-based compensation that links his potential future ownership to company performance over time.
When do the new Baker Hughes (BKR) restricted stock units vest?
The restricted stock units vest in three equal annual installments beginning one year from the February 4, 2026 grant date. This structure spreads the CEO’s equity compensation over several years, encouraging longer-term alignment with shareholders and ongoing service to the company.
What does each Baker Hughes (BKR) restricted stock unit represent?
Each restricted stock unit represents the right to receive, without payment, one share of Baker Hughes Class A Common Stock. The units convert into actual shares only as they vest over time, making them a form of deferred equity compensation for the CEO.
How many derivative securities does the Baker Hughes (BKR) CEO beneficially own after this grant?
After this transaction, Lorenzo Simonelli beneficially owns 91,262 derivative securities, all held directly. These consist of the newly granted restricted stock units, which may convert into an equal number of Class A Common Stock shares as they vest in future years.