Nancy Buese - Nov 6, 2024 Form 4 Insider Report for Baker Hughes Co (BKR)

Signature
/s/ Fernando Contreras, Attorney-in-fact
Stock symbol
BKR
Transactions as of
Nov 6, 2024
Transactions value $
-$406,900
Form type
4
Date filed
11/7/2024, 04:43 PM
Previous filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKR Class A Common Stock Sale -$407K -10K -27.16% $40.69 26.8K Nov 6, 2024 By trust F1, F2
holding BKR Class A Common Stock 34K Nov 6, 2024 Direct
* 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 This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 26, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.49 to $40.88, inclusive. Details on the number of shares sold at each separate price will be provided to the Issuer, any shareholder of the Issuer, or staff of the Securities and Exchange Commission upon request.