RICE JOHN G 4

What Happened
John G. Rice, a director of Baker Hughes Co. (BKR), was granted 2,749 Deferred Stock Units (DSUs) on 2026-05-19 (transaction code A — award/grant). No cash price or immediate share issuance is reported because these are derivative units (each DSU represents the right to one share of Class A common stock). The filing lists the units as vested immediately; settlement is deferred until retirement per the filing.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (file appears timely).
• Shares/units granted: 2,749 Deferred Stock Units. Price: N/A (derivative award).
• Shares owned after transaction: Not specified in the information provided.
• Notable footnotes: F1 — each DSU equals the right to one share of Class A common stock; F2 — DSUs vested immediately and will settle within 30 days after retirement.
• Transaction type: Award of derivative securities (A). Not a purchase or sale; no immediate market transaction.

Context
Deferred Stock Units are a form of compensation for directors that convert into shares (or cash equivalent) later — here, settlement is tied to the director’s retirement. Because the units vest immediately but are not settled until retirement, this does not represent an immediate buy or sell in the market and is generally part of routine compensation rather than a trading signal.