Form 4: Baker Hughes Officer Sells Shares After Option Exercise

Baker Hughes Chief Infrastructure & Performance Officer James E. Apostolides executed a Rule 10b5-1 plan, exercising options and selling Class A Common Stock.

Summary

• James E. Apostolides, Chief Infrastructure & Performance Officer of Baker Hughes Co, engaged in transactions involving Class A Common Stock on February 10, 2026.
• The transactions were conducted under a Rule 10b5-1 trading plan adopted on November 10, 2025.
• Apostolides exercised stock options to acquire 10,989 shares of Class A Common Stock at an exercise price of $22.98 per share.
• Concurrently, he sold a total of 25,824 shares of Class A Common Stock at a price of $59.74 per share. This includes 14,835 shares and the 10,989 shares acquired from the option exercise.
• Following these transactions, Apostolides directly beneficially owns 15,449 shares of Class A Common Stock.
• The stock options were granted on January 23, 2020, and vested in three equal annual installments starting one year from the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While there is a sale of shares, it's coupled with an option exercise and executed under a 10b5-1 plan, suggesting a pre-planned liquidity event rather than a bearish signal.

Positives

• The exercise of stock options indicates the officer realized value from previously granted equity compensation.
• Transactions were conducted under a pre-arranged Rule 10b5-1 trading plan, suggesting a planned liquidity event rather than an immediate reaction to market conditions.

Negatives

• A significant sale of 25,824 shares by a key officer could be interpreted as a reduction in direct exposure to the company's stock.
• The net effect of the transactions is a decrease in the officer's direct beneficial ownership from an implied higher amount (before the sales) to 15,449 shares.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly sales, are closely watched in the energy services sector as they can sometimes signal management's perception of future company performance or simply be part of personal financial planning, especially when executed under a Rule 10b5-1 plan.

Stakeholder Impact

• Shareholders may interpret the sale of shares by a key officer as a potential signal, though the Rule 10b5-1 plan mitigates immediate concerns about market timing.
• The officer realizes personal financial gain from vested equity compensation.

Key Dates

Recommendation

The transaction is a routine insider sale under a pre-arranged 10b5-1 plan, combined with an option exercise. It does not provide new fundamental information about Baker Hughes' operational performance or strategic direction that would warrant a change in investment thesis. Investors should hold and monitor future company performance and broader industry trends.

Keywords

Baker Hughes, BKR, Insider Trading, Form 4, Stock Option Exercise, Share Sale, Executive Compensation, Rule 10b5-1, James E. Apostolides