Apostolides James E 4

What Happened James E. Apostolides, Chief Infrastructure & Performance Officer at Baker Hughes (BKR), had 23,739 performance-based shares (PSUs) vest on March 8, 2026. The filing shows 23,739 shares acquired at $0.00 (award). To satisfy tax withholding, 11,478 shares were surrendered/disposed at $60.10 per share, generating proceeds of $689,828. This was a vesting/award event, not an open-market purchase or sale.

Key Details

• Transaction date: March 8, 2026 (reported on Form 4 filed March 10, 2026)
• Awarded/acquired: 23,739 shares (PSUs) at $0.00
• Shares withheld/disposed for taxes: 11,478 shares @ $60.10 = $689,828 (code F: tax withholding)
• Footnote: These shares were earned from PSUs granted in 2023 for the three‑year performance period ending 12/31/2025, approved by the Human Capital & Compensation Committee on March 8, 2026.
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Report filed two days after the transaction date (appears timely)

Context

• This was a performance-share vesting event with a portion of the award withheld to cover tax obligations (common practice). The withheld shares are not an open‑market sale and do not by themselves indicate insider sentiment about the stock.
• For retail investors, awards and tax-withholding disposals are routine compensation mechanics; purchases are generally viewed as stronger signals of insider confidence.