Moghal Ahmed Farhan 4

What Happened
Moghal Ahmed Farhan, Chief Financial Officer of Baker Hughes (BKR), received 29,563 shares as the payout of performance share units (PSUs) and had 14,097 of those shares withheld to cover tax liabilities. The withheld shares were disposed at $60.10 per share for a total withholding value of $847,230 (11,088 shares → $666,389; 3,009 shares → $180,841). These transactions reflect an award/settlement and a share surrender for taxes, not an open-market sale.

Key Details

• Transaction date(s): March 8, 2026; Form 4 filed March 10, 2026 (no late filing indicated).
• Awarded (Code A): 23,162 shares and 6,401 shares (total 29,563) — $0 acquisition price (PSU payout).
• Withheld/Disposed (Code F): 11,088 shares and 3,009 shares (total 14,097) at $60.10; total value ≈ $847,230.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — these shares were earned from PSUs granted in 2023 for the three-year performance period ending Dec 31, 2025, approved by the Human Capital and Compensation Committee on March 8, 2026.
• Transaction types explained: A = award/grant; F = payment of exercise price or tax liability (here, shares surrendered to cover taxes).

Context
This was a PSU settlement (performance-based award) with a net share withholding to satisfy tax obligations — a routine administrative transaction that is different from an open-market sale. For retail investors, awards increase an insider's alignment with company performance, while the withheld shares simply reflect tax withholding and do not necessarily indicate a decision to monetize holdings.