Baker Hughes Co·4

May 21, 5:07 PM ET

Apostolides James E 4

Research Summary

AI-generated summary

Updated

Baker Hughes (BKR) James E. Apostolides Sells 12,261 Shares

What Happened
James E. Apostolides, Baker Hughes' Chief Infrastructure & Performance Officer, sold 12,261 shares of BKR stock on May 19, 2026. The shares were disposed at $66.42 each, generating proceeds of approximately $814,376. The sale is reported as an open-market sale (transaction code S) and is a disposition rather than a purchase.

Key Details

  • Transaction date: May 19, 2026; filing date: May 21, 2026 (appears timely).
  • Sale details: 12,261 shares at $66.42 per share; total proceeds ~$814,376.
  • Shares owned after transaction: not specified in the filing.
  • Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025 (prearranged trading plan).
  • Transaction type: S = Sale (open-market/private sale).

Context
A sale under a 10b5-1 plan is a pre-scheduled transaction that allows insiders to sell shares according to a plan adopted when they were not in possession of material nonpublic information; such sales are often routine and do not necessarily reflect the insider’s view of the company’s near-term prospects. In general, purchases tend to be more informative as bullish signals; routine sales are common for diversification or liquidity needs.