Baker Hughes (BKR) officer sells 72,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Baker Hughes Co executive Maria C. Borras, Chief Growth & Experience Officer, executed an open-market sale of 72,000 shares of Class A Common Stock at $55.05 per share. After the sale, she directly holds 20,035 shares. The transaction was carried out under a Rule 10b5-1 trading plan adopted on March 12, 2026, indicating it was pre-arranged rather than a discretionary trade.
Positive
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Negative
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Insights
Pre-planned insider sale reduces direct holdings but appears routine.
Maria C. Borras, a senior officer at Baker Hughes Co, sold 72,000 shares of Class A Common Stock in an open-market transaction at $55.05 per share. Following the trade, she holds 20,035 shares directly, with no derivative positions listed.
The filing notes the sale was executed under a Rule 10b5-1 trading plan adopted on March 12, 2026. Such plans are set up in advance, so the timing of the sale is more indicative of pre-scheduled portfolio management than a reaction to new information. There are no accompanying option exercises or tax-withholding entries in this filing.
With 100% of the reported activity consisting of a single open-market sale and a remaining direct stake disclosed, this looks like a sizable but structured reduction in holdings. Future company filings may provide additional context on any further transactions or changes in her equity exposure.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 72,000 | $55.05 | $3.96M |
Footnotes (1)
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