Executive Sells Shares to Cover Tax Liabilities at Baker Hughes
Amerino Gatti, Executive Vice President of Oilfield Services & Equipment at Baker Hughes Company (NASDAQ:BKR), sold nearly 4,000 shares on September 3, 2026. The transaction was a non-discretionary event to cover tax liabilities associated with the vesting of restricted stock units. Despite selling 3,860 Class A Common Stock shares valued at approximately $246,000, Gatti's direct holdings increased from 14,804 to 20,751 shares due to a separate exercise of options. The insider now holds 20,751 directly owned shares and an additional 9,807 derivative securities. The transaction occurred at $63.64 per share, consistent with the market close on that day. Baker Hughes' stock had appreciated by 41% in the preceding year, reflecting strong performance amid favorable energy sector dynamics. The company reported a trailing twelve-month revenue of $27.7 billion and net income of $3.1 billion as of September 8, 2026, with shares trading at $63.92.
Tickers: $BKR
Topics: executive activity restricted stock units stock sales