Beattie William G 4
Research Summary
AI-generated summary
Baker Hughes Director William G. Beattie Sells 18,023 Shares
What Happened
- William G. Beattie, a director of Baker Hughes Co. (BKR), sold 18,023 shares on February 3, 2026. The weighted-average price reported was $57.29, for total proceeds of approximately $1,032,538. The Form 4 classifies the transactions as sales (S), indicating disposition of shares rather than purchases.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (appears timely).
- Price: weighted average $57.29; sale prices in individual trades ranged from $57.29 to $57.305 (per footnote).
- Shares sold: 18,023; proceeds ≈ $1,032,538.
- Shares owned after transaction: not reported in the excerpt provided.
- Footnote: The reported price is a weighted average; specific share counts at each price will be made available to the issuer, shareholders, or SEC staff upon request.
- No 10b5-1 plan, tax-withholding, or other special disposition codes are noted in the provided information.
Context
- This was an open-market sale by a company director. Sales by insiders can be routine (diversification, tax planning, etc.) and do not by themselves indicate a change in sentiment about the company’s prospects. Beattie is listed as a director (not identified here as an officer or 10% owner).