Form 4: Baker Hughes Executive James E. Apostolides Reports Stock Transactions

James E. Apostolides, SVP at Baker Hughes Co, reports the vesting and subsequent sale of restricted stock units.

Summary

• On February 3, 2025, James E. Apostolides, SVP at Baker Hughes Co, reported transactions involving Class A Common Stock.
• A total of 5,821 shares were acquired through the vesting of restricted stock units.
• Simultaneously, 1,709 shares were disposed of at a price of $47.4.
• Following these transactions, Apostolides directly owns 24,256 shares of Class A Common Stock.
• The reported transactions also involved derivative securities, specifically restricted stock units, with 5,821 units vesting.
• These units represent the right to receive Class A Common Stock, with the reported transaction covering the first of three equal annual installments vesting from a grant date of February 1, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into insider activity but doesn't necessarily indicate a broader trend or signal for the company's performance.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects insider trading activity, but it is unlikely to significantly affect the stock price.

Key Dates

Keywords

Form 4, Baker Hughes, Stock Transaction, Restricted Stock Units, Insider Trading, Apostolides, BKR