Moghal Ahmed Farhan 4

What Happened

• Moghal Ahmed Farhan, CFO of Baker Hughes (BKR), had 8,049 restricted stock units (RSUs) converted into shares on Feb 24, 2026. Of those, 3,984 shares were withheld to cover tax withholding at $64.72/share (proceeds reported as $257,844), leaving a net delivery of 4,065 shares.
• The conversion (reported as exercise/conversion of a derivative) and the related withholding are routine compensation/vesting events rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
• Shares converted (acquired): 8,049 RSUs. Shares withheld/disposed for tax withholding: 3,984 @ $64.72 = $257,844.
• Net shares received: 4,065 (approximate market value ≈ $263,087 at $64.72/share). Total value of the 8,049 shares at $64.72 ≈ $520,931.
• Footnotes: F1 — each RSU converts to one share without payment; F2 — this represents the first of three equal annual installments from a Feb 24, 2025 grant (annual vesting).
• Shares owned after the transaction are not specified in the provided excerpt.

Context

• This was a vesting/conversion of RSUs with tax withholding (a common, non-market-sale event). The filing shows conversion of a derivative (the RSU) into shares and withholding of shares to satisfy tax liability; no open-market sale or purchase was reported.
• Such withholdings are routine and do not necessarily indicate insider buying or selling intent.