Form 4: Baker Hughes Officer Exercises RSUs, Sells Shares

Baker Hughes Chief Infrastructure & Performance Officer James E. Apostolides exercised restricted stock units and sold a portion of the resulting shares to cover tax obligations.

Summary

• James E. Apostolides, Chief Infrastructure & Performance Officer of Baker Hughes Co., acquired 3,939 shares of Class A Common Stock on January 26, 2026, through the exercise/conversion of restricted stock units (RSUs).
• These RSUs represent the last of three equal annual installments that vested annually, beginning on the first anniversary of the January 24, 2023 grant date.
• Following this acquisition, his direct beneficial ownership of Class A Common Stock was 24,288 shares.
• Concurrently, he disposed of 1,283 shares of Class A Common Stock at a price of $56.29 per share.
• After both transactions, his direct beneficial ownership of Class A Common Stock stands at 23,005 shares.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to the vesting of executive compensation, indicating continued alignment and performance. The subsequent sale for tax purposes is a routine event and does not significantly detract from the overall sentiment.

Positives

• The vesting of 3,939 restricted stock units indicates the achievement of performance or time-based criteria, aligning management incentives with shareholder value.
• The officer continues to hold a significant number of shares (23,005 Class A Common Stock) after the transactions, demonstrating continued alignment with the company's performance.

Negatives

• The sale of 1,283 shares, while likely for tax purposes, reduces the officer's direct equity stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine insider activity and is unlikely to have a significant direct impact on shareholders. The officer's continued holding of a substantial number of shares maintains alignment of interests.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations. Such transactions are common for executives and typically pre-arranged under Rule 10b5-1 plans. The transaction does not indicate any change in the company's fundamental performance, strategic direction, or management's confidence in the long-term outlook. The officer retains a substantial equity holding in the company. Therefore, the filing itself does not provide new information that would warrant a change in an investor's existing position.

Keywords

Baker Hughes, BKR, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Sale, Rule 10b5-1