BKRBaker Hughes
Deals with insiders in the proxy filed 2026-03-30
Deals between BKR and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-31.
Related party transactions“An immediate family member of Lorenzo Simonelli was employed by us as a Senior HR Manager until March 2026. In 2025, the family member received total compensation, consisting of base salary, bonus, and other compensation, of approximately $250,000.”
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Related party transactions“In February 2026, the Board approved the compensation of the son of Cynthia B. Carroll for his position as Global Emissions Reduction Leader, effective April 2026, at an annual total compensation, including base salary, bonus, and other compensation, of approximately $150,000.”
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No longer reported 1 paragraph of the proxy filed 2025-03-31 with nothing like them this year
Related party transactions“Judit Prieto Matesanz, an immediate family member of one of our executive officers, was previously employed by us as SVP Enterprise Solutions, Customer Experience and Projects. In 2024, Ms. Prieto Matesanz received total compensation, consisting of base salary, bonus, and other compensation, of approximately £1,183,000. On August 24, 2024, Ms. Prieto Matesanz and the Company entered into an agreement relating to the termination of Ms. Prieto Matesanz’s employment relationship with the Company. Per the terms of this agreement, Ms. Prieto Matesanz’s employment with the Company ended on December 31, 2024, and Ms. Prieto Matesanz will receive a cash separation payment of approximately £1,300,000 from the Company in July of 2025.”
Read it in last year's proxy ↗
The whole section
5 paragraphs quoted as filed
Certain Relationships and Related Party Transactions“The Board expects its directors, as well as officers and employees, to act ethically at all times and to acknowledge their adherence to the policies comprising the Company’s Code of Conduct. The Company will not make any personal loans or extensions of credit to directors or executive officers. No independent director may provide personal services for compensation to the Company, other than in connection with serving as a director.”
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Certain Relationships and Related Party Transactions“If an actual or potential conflict of interest arises for a director, the director will promptly inform the Chairman/CEO, the Lead Independent Director, and the Chair of the Governance & Corporate Responsibility Committee. The Governance & Corporate Responsibility Committee will resolve any such conflicts, subject to the specific rules governing related person transactions.”
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Certain Relationships and Related Party Transactions“The Governance & Corporate Responsibility Committee will review and approve or ratify, in accordance with the Company’s Governance Principles and Related Person Transactions Policy, any transaction between the Company and a related person which is required to be disclosed under the rules of the SEC. For purposes of this requirement, the terms “transaction” and “related person” were based on the terms of Item 404 of Regulation S-K. If a significant conflict exists and cannot be resolved, the director should resign. All directors will recuse themselves from any discussion or decision affecting their personal, business, or professional interests. The Governance & Corporate Responsibility Committee will resolve conflict of interest issues involving the CEO or an executive officer reporting directly to the CEO, and the CEO will resolve conflict of interest issues involving any other officer of the Company.”
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Related party transactions“An immediate family member of Lorenzo Simonelli was employed by us as a Senior HR Manager until March 2026. In 2025, the family member received total compensation, consisting of base salary, bonus, and other compensation, of approximately $250,000.”
Read it in the proxy ↗
Related party transactions“In February 2026, the Board approved the compensation of the son of Cynthia B. Carroll for his position as Global Emissions Reduction Leader, effective April 2026, at an annual total compensation, including base salary, bonus, and other compensation, of approximately $150,000.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗