Maria C. Borras - Aug 1, 2023 Form 4 Insider Report for Baker Hughes Co (BKR)

Role
EVP, Oilfield Services & Equip
Signature
/s/ Fernando Contreras, Attorney-in-fact
Stock symbol
BKR
Transactions as of
Aug 1, 2023
Transactions value $
-$354,900
Form type
4
Date filed
8/3/2023, 04:25 PM
Previous filing
Mar 16, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock -Sell -$354,900 -10,000 -11.91% $35.49 73,997 Aug 1, 2023 Direct F1

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 27, 2023.