Baker Hughes (BKR) director granted 2,749 Deferred Stock Units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRENNEMAN GREGORY D reported acquisition or exercise transactions in this Form 4 filing.
Baker Hughes Co director Gregory D. Brenneman received a grant of 2,749 Deferred Stock Units on Class A Common Stock. These units were awarded at no cash cost and each unit represents the right to receive one share of Class A Common Stock of the company.
The Deferred Stock Units vested immediately on the grant date and will be settled in shares within 30 days after Mr. Brenneman’s retirement. Following this grant, his reported holdings in this Deferred Stock Unit award total 2,749 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRENNEMAN GREGORY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit 05_26 | 2,749 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit 05_26 — 2,749 shares (Direct, null)
Footnotes (1)
- Each Deferred Stock Unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. The Deferred Stock Units vested immediately on the date of grant and will settle within 30 days after retirement.
Key Figures
Deferred Stock Units granted: 2,749 units
Exercise price: $0.00 per unit
Units outstanding after grant: 2,749 units
3 metrics
Deferred Stock Units granted
2,749 units
Award of Deferred Stock Units on Class A Common Stock
Exercise price
$0.00 per unit
Conversion or exercise price for Deferred Stock Units
Units outstanding after grant
2,749 units
Total Deferred Stock Units held in this award after transaction
Key Terms
Deferred Stock Unit, Class A Common Stock, vested immediately, settle within 30 days after retirement, +1 more
5 terms
Deferred Stock Unit financial
"Each Deferred Stock Unit represents a right to receive without payment one share of Class A Common Stock"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Class A Common Stock financial
"one share of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vested immediately financial
"The Deferred Stock Units vested immediately on the date of grant"
settle within 30 days after retirement financial
"and will settle within 30 days after retirement"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Baker Hughes (BKR) report for Gregory D. Brenneman?
Baker Hughes reported that director Gregory D. Brenneman received 2,749 Deferred Stock Units linked to Class A Common Stock. This was a grant of compensation-based units, not an open-market stock purchase or sale.
How many Deferred Stock Units did the Baker Hughes (BKR) director receive?
Gregory D. Brenneman received 2,749 Deferred Stock Units. Each unit represents a right to receive one share of Baker Hughes Class A Common Stock, giving him 2,749 underlying shares tied to this award.
Do the Baker Hughes (BKR) Deferred Stock Units have an exercise price?
The reported Deferred Stock Units have an exercise and conversion price of $0.00 per unit. They are compensation awards, so no cash payment is required to convert them into Class A Common Stock at settlement.
When do the Baker Hughes (BKR) Deferred Stock Units for the director vest and settle?
The Deferred Stock Units vested immediately on the grant date. They will be settled in shares of Class A Common Stock within 30 days after Gregory D. Brenneman’s retirement, according to the filing footnotes.
Is the Baker Hughes (BKR) director’s transaction a stock purchase or sale?
The transaction is not an open-market purchase or sale. It is a grant of 2,749 Deferred Stock Units as compensation, classified as an acquisition under code A, with no shares bought or sold in the market.