Lorenzo Simonelli - 08 Aug 2024 Form 4 Insider Report for Baker Hughes Co (BKR)

Signature
/s/ Fernando Contreras, Attorney-in-fact
Issuer symbol
BKR
Transactions as of
08 Aug 2024
Transactions value $
-$4,000,010
Form type
4
Filing time
12 Aug 2024, 16:30:05 UTC
Previous filing
05 Aug 2024
Next filing
28 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Sale -$4M -114K -18.54% $35.00 502K 08 Aug 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 February 8, 2024.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.