BKR Form 144: Insider Plans Sale of 25,000 Class A Shares via Fidelity
Rhea-AI Filing Summary
Baker Hughes Co (BKR) reported a proposed insider sale under Rule 144 of 25,000 Class A shares through Fidelity Brokerage Services, with an aggregate market value of $1,250,000 and an approximate sale date of 09/23/2025 on NASDAQ. The filing shows the shares were acquired as restricted stock vesting from the issuer: 16,894 shares vested and were acquired on 01/24/2025, and 8,106 shares vested and were acquired on 02/01/2025, both listed as compensation. The filer reports no securities sold in the past three months and affirms they are unaware of any undisclosed material adverse information about the issuer. The filing identifies the broker’s address as Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI.
Positive
- Full Rule 144 disclosure with broker name, share count, aggregate market value and planned sale date provided
- Acquisition details included: dates, nature of acquisition (restricted stock vesting) and that payment was compensation
- No securities sold in the past three months is explicitly stated
Negative
- None.
Insights
TL;DR: Insider plans a modest Rule 144 sale of 25,000 vested shares worth $1.25M; acquisition was through restricted stock vesting.
The filing documents a planned Rule 144 sale of 25,000 Class A shares via Fidelity with an aggregate value of $1,250,000 and an approximate sale date of 09/23/2025. The shares were acquired as restricted stock vesting on 01/24/2025 (16,894 shares) and 02/01/2025 (8,106 shares) and are listed as compensation. The filer reports no sales in the prior three months and includes the standard representation regarding material nonpublic information. Given the disclosed outstanding share count of 985,879,124, the sale represents a very small fraction of outstanding shares, suggesting limited market impact from the transaction itself.
TL;DR: Filing follows Rule 144 disclosure norms for vested compensation shares; signature attests to absence of undisclosed material information.
The notice provides the required broker, share-count and acquisition details for a Rule 144 disposition tied to restricted stock vesting. It explicitly states that the securities were received as compensation and that no sales occurred in the past three months. The attestation about material adverse information and the inclusion of broker details align with compliance expectations for executive or insider sales under the securities laws.