Form 4: Baker Hughes Executive Sells Shares Under 10b5-1 Trading Plan

James E. Apostolides, SVP at Baker Hughes Co, sold 3,800 shares of Class A Common Stock at $36.49 per share on May 7, 2025, under a pre-arranged trading plan.

Summary

• On May 7, 2025, James E. Apostolides, a Senior Vice President at Baker Hughes Co, sold 3,800 shares of Class A Common Stock.
• The sale was executed at a price of $36.49 per share.
• Following the transaction, Apostolides directly owns 20,349 shares of Baker Hughes Co.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on November 12, 2024.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive stock sale under a pre-arranged trading plan, suggesting a neutral sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. The use of a 10b5-1 plan indicates the sale was pre-planned.

Stakeholder Impact

• The stock sale by an executive could have a minor psychological impact on shareholders, but is unlikely to have a significant material impact due to the relatively small number of shares sold and the pre-planned nature of the transaction.

Key Dates

Keywords

Baker Hughes, Apostolides, stock sale, Form 4, 10b5-1 plan, executive, BKR