Magno Maria Georgia 4

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.