Apostolides James E 4
4 · Baker Hughes Co · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Baker Hughes (BKR) James E. Apostolides Exercises RSUs, Sells Shares for Taxes
What Happened
James E. Apostolides, Baker Hughes' Chief Infrastructure & Performance Officer, had restricted stock units (RSUs) convert to shares in two vesting events: 4,484 shares on 2026-01-30 and 5,821 shares on 2026-02-02 (total 10,305 shares acquired). To cover tax obligations, the company withheld and disposed of 1,317 shares on 2026-01-30 (at $56.04, $73,805) and 1,709 shares on 2026-02-02 (at $56.45, $96,473), for a combined tax withholding value of $170,278. The filings also show the RSU derivative positions terminated (converted) on those dates.
Key Details
- Transaction dates: 2026-01-30 (4,484 RSUs → shares; 1,317 shares withheld at $56.04, $73,805) and 2026-02-02 (5,821 RSUs → shares; 1,709 shares withheld at $56.45, $96,473).
- Total RSUs converted: 10,305; total shares withheld for taxes: 3,026 (total value reported $170,278).
- Shares owned after the transaction: not specified in the provided excerpt.
- Footnotes: F1 = each RSU converts to one share without payment; F2/F3 = these conversions represent vesting installments (first of three annual installments for a Jan‑30,‑2025 grant and second of three for a Feb‑1,‑2024 grant).
- Filing: Report filed 2026-02-03 for reportable transactions on/through 2026-01-30; filing appears timely (within the two business days required for Form 4).
Context
- This was a routine RSU vesting and tax-withholding event, not an open-market sale or buy. The withheld shares represent a cashless withholding to satisfy tax liabilities — a common administrative step that does not necessarily indicate a change in the insider’s market view.
- The derivative entries labeled as dispositions reflect the RSU instruments being converted into actual shares upon vesting.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-01-30+4,484→ 27,489 total - Tax Payment
Class A Common Stock
2026-01-30$56.04/sh−1,317$73,805→ 26,172 total - Exercise/Conversion
Class A Common Stock
[F1]2026-02-02+5,821→ 31,993 total - Tax Payment
Class A Common Stock
2026-02-02$56.45/sh−1,709$96,473→ 30,284 total - Exercise/Conversion
Restricted Stock Units 01_25
[F1][F2]2026-01-30−4,484→ 8,968 total→ Class A Common Stock (4,484 underlying) - Exercise/Conversion
Restricted Stock Unit 02_24
[F1][F3]2026-02-02−5,821→ 5,822 total→ Class A Common Stock (5,821 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
- [F2]Represents the first of three equal annual installments that vest annually beginning on the first anniversary of the January 30, 2025 grant date.
- [F3]Represents the second of three equal annual installments that vest annually beginning on the first anniversary of the February 1, 2024 grant date.