Magno Maria Georgia 4
4 · Baker Hughes Co · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Baker Hughes (BKR) CLO Maria Magno Exercises RSUs; Shares Withheld
What Happened
Maria Magno, Chief Legal Officer of Baker Hughes (BKR), had restricted stock units (RSUs) convert into 12,591 shares (5,605 on 2026-01-30 and 6,986 on 2026-02-02). To cover tax obligations, 1,364 shares were withheld on 2026-01-30 at $56.04 ($76,439) and 1,702 shares were withheld on 2026-02-02 at $56.45 ($96,078), for total tax-withholding proceeds of $172,517. The filings list the RSU conversions as derivative exercises (transaction code M) and the withholdings as payment of tax liability (code F).
Key Details
- Transaction dates: RSU conversions on 2026-01-30 and 2026-02-02; tax-withholdings on same dates.
- Withheld shares and values: 1,364 shares @ $56.04 = $76,439; 1,702 shares @ $56.45 = $96,078; total ≈ $172,517.
- Shares converted (acquired): 5,605 and 6,986 (total 12,591) — reported as conversion/exercise of derivatives (RSUs), no cash purchase.
- Footnotes: F1 indicates each RSU converts to one share; F2/F3 note these shares are installment vesting (annual installments from grant dates listed).
- Shares owned after the transactions: not specified in the provided excerpt.
- Filing timeliness: Form filed 2026-02-03; appears to be filed timely based on reported transaction dates.
Context
This was a routine RSU vesting and net-share settlement to satisfy tax withholding, not an open-market sale or a cash purchase. Transaction codes: M = exercise/conversion of derivative (here, RSUs converting to shares); F = shares withheld to pay taxes. Such tax-withholdings are common and don’t necessarily signal the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-01-30+5,605→ 29,818.296 total - Tax Payment
Class A Common Stock
2026-01-30$56.04/sh−1,364$76,439→ 28,454.296 total - Exercise/Conversion
Class A Common Stock
[F1]2026-02-02+6,986→ 35,440.296 total - Tax Payment
Class A Common Stock
2026-02-02$56.45/sh−1,702$96,078→ 33,738.296 total - Exercise/Conversion
Restricted Stock Units 01_25
[F1][F2]2026-01-30−5,605→ 11,211 total→ Class A Common Stock (5,605 underlying) - Exercise/Conversion
Restricted Stock Unit 02_24
[F1][F3]2026-02-02−6,986→ 6,986 total→ Class A Common Stock (6,986 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.