Magno Maria Georgia 4

What Happened

• Maria Georgia Magno, Chief Legal Officer of Baker Hughes (BKR), had 2,654 restricted stock units (RSUs) convert into 2,654 shares on 2026-01-26. To cover tax withholding, 779 of those shares were surrendered at $56.29 per share for a reported tax withholding value of $43,850. The net shares delivered to Magno were 1,875 (2,654 - 779).
• This was not an open-market purchase or sale for investment purposes; it was the scheduled vesting/settlement of equity compensation with a routine share withholding to satisfy tax obligations.

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (timely).
• Acquired: 2,654 shares via conversion of RSUs (derivative conversion).
• Disposed (tax withholding): 779 shares at $56.29/share, total $43,850.
• Net shares delivered to insider: 1,875 shares.
• Shares owned after transaction: not reported in the provided filing details.
• Footnotes: F1 — each restricted stock unit equals one share; F2 — this was the final installment of a three-year vesting schedule that began with the 1/24/2023 grant.
• Filing timeliness: filing appears timely (no late filing indication).

Context

• This was a vesting/settlement event (conversion of RSUs). The withholding of shares to cover taxes is a common, administrative action and not a market sale indicating a change in sentiment.