Charlton Rebecca L 4

What Happened

• Rebecca L. Charlton, SVP, Controller & CAO of Baker Hughes (BKR), had restricted stock units vest (reported as derivative exercises) and then sold shares and surrendered shares to cover taxes. She exercised/converted 6,026 RSU-equivalents (2,300 on 2026-01-30 and 3,726 on 2026-02-02). Following vesting, 1,598 shares were withheld to satisfy tax obligations (682 shares on 1/30 worth $38,219; 916 shares on 2/02 worth $51,708). She also sold 2,828 shares in open market transactions (1,985 shares on 2/02 at $55.77 for $110,703; 843 shares on 2/03 at $56.34 for $47,495). Total open-market proceeds were about $158,198 and tax-withholding shares totaled about $89,927.

Key Details

• Transaction dates and prices:
  • 2026-01-30: 2,300 RSU conversion (derivative exercise); 682 shares withheld for taxes @ $56.04 (value $38,219).
  • 2026-02-02: 3,726 RSU conversion (derivative exercise); 1,985 shares sold @ $55.77 (value $110,703); 916 shares withheld for taxes @ $56.45 (value $51,708).
  • 2026-02-03: 843 shares sold @ $56.34 (value $47,495).
• Shares sold in open market: 2,828 shares for ~$158,198 total.
• Shares withheld for taxes: 1,598 shares (~$89,927 total).
• The reported exercises represent RSU settlements (each RSU converts to one share per footnote F1); some entries note these were scheduled vesting installments (footnotes F3, F4).
• A Rule 10b5-1 trading plan was referenced in the filing (footnote F2) for the applicable sale(s).
• Filing date: 2026-02-03 for transactions beginning 2026-01-30 — filing appears timely (no late filing flag in the report).
• Shares owned after the transactions: Not specified in the filing.

Context

• These transactions are mostly vesting of RSUs followed by tax-withholding and partial open-market sales (a common settlement pattern). RSU conversions (derivative "M" codes) simply reflect receipt of shares upon vesting; the "F" entries are share-withholdings to cover taxes, and the "S" entries are open-market sales (some carried out under a 10b5-1 plan). These are routine insider actions tied to compensation vesting rather than open-market purchases that might be interpreted as a fresh bullish signal.