Beattie William G 4
4 · Baker Hughes Co · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Baker Hughes Director William Beattie Receives 2,749-Unit Award
What Happened
William G. Beattie, a director of Baker Hughes Co (BKR), was granted 2,749 Deferred Stock Units (DSUs) on May 19, 2026. The filing lists the acquisition as an award (derivative), with no cash price reported — the units represent the right to receive one share of Class A common stock per unit. The DSUs vested immediately on grant but will be settled into shares (without payment) within 30 days after Beattie's retirement.
Key Details
- Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (appears timely — reported within two business days).
- Transaction type/code: A — Grant/Award of derivative securities (Deferred Stock Units).
- Units granted: 2,749 DSUs; price: N/A (no cash paid).
- Shares owned after transaction: not specified in the provided filing data.
- Footnotes: F1 — each DSU converts to one share of Class A common stock without payment; F2 — DSUs vested immediately and will settle within 30 days after retirement.
- No indication of a 10b5-1 plan, sale, gift, or tax-withholding action in the provided data.
Context
Deferred Stock Units are a form of compensation/retention award, not an open-market purchase or sale; they signal company compensation policy more than immediate trading intent. Because these units settle at retirement, they don’t represent immediate share transfers and are commonly used to align director pay with long-term shareholder interests.
Insider Transaction Report
- Award
Deferred Stock Unit 05_26
[F1][F2]2026-05-19+2,749→ 2,749 totalFrom: 2026-05-19→ Class A Common Stock (2,749 underlying)
Footnotes (2)
- [F1]Each Deferred Stock Unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
- [F2]The Deferred Stock Units vested immediately on the date of grant and will settle within 30 days after retirement.