Amerino Gatti Sells Nearly 4,000 Shares of Baker Hughes Amid Tax Obligation
On September 3, 2026, Amerino Gatti, Executive Vice President at Baker Hughes (BKR), sold approximately 3,860 shares of Class A Common Stock in a non-discretionary transaction to cover tax liabilities. The sale was part of a structured vesting schedule for restricted stock units and did not reflect market-based selling decisions. Despite the disposition, Gatti's direct ownership increased from 14,804 to 20,751 shares due to an exercise of additional options. The transaction occurred at a weighted average price of $63.64 per share, totaling approximately $246,000 in value. Post-transaction holdings were valued at around $1.32 million based on the closing market price that day. Gatti also holds 9,807 derivative securities tied to future vesting events. Baker Hughes has seen a strong performance over the past year with its share price rising by approximately 41%. The company reported TTM revenue of $27.7 billion and net income of $3.1 billion as of September 2026, reflecting solid operational execution in the energy services sector.
Tickers: $BKR
Topics: equity disposition executive activity restricted stock units