Baker Hughes (NYSE: BKR) CFO and spouse sell 23,392 shares under 10b5-1 plans
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes Co EVP and CFO Moghal Ahmed Farhan reported net sales of 23,392 shares of Class A Common Stock in open-market transactions. On June 15, 2026, 20,000 directly held shares were sold at $62.38 per share, leaving 20,980 directly owned shares. An additional 3,392 indirectly held shares owned by his spouse were sold at $62.38 per share, leaving no remaining indirect holdings. Both the direct and spouse transactions were executed under pre-established Rule 10b5-1 trading plans adopted on March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 23,392 shares ($1,459,193)
Net Sell
2 txns
Insider
Moghal Ahmed Farhan
Role
EVP, Chief Financial Officer
Sold
23,392 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $62.38 | $1.25M |
| Sale | Class A Common Stock | 3,392 | $62.38 | $212K |
Holdings After Transaction:
Class A Common Stock — 20,980 shares (Direct, null);
Class A Common Stock — 0 shares (Indirect, By spouse)
Footnotes (1)
- This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on March 13, 2026.
Key Figures
Total shares sold: 23,392 shares
Direct shares sold: 20,000 shares
Indirect shares sold (spouse): 3,392 shares
+4 more
7 metrics
Total shares sold
23,392 shares
Net sales of Class A Common Stock on June 15, 2026
Direct shares sold
20,000 shares
Direct open-market sale by CFO at $62.38 per share
Indirect shares sold (spouse)
3,392 shares
Indirect open-market sale via spouse at $62.38 per share
Sale price
$62.38 per share
Price for both direct and indirect June 15, 2026 sales
Direct holdings after transaction
20,980 shares
CFO’s direct Class A Common holdings following sales
Indirect holdings after transaction
0 shares
Spouse’s indirect holdings after 3,392-share sale
Rule 10b5-1 plan adoption date
March 13, 2026
Adoption date for both the CFO’s and spouse’s trading plans
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan, indirect ownership, +1 more
5 terms
Class A Common Stock financial
"reported sales of Class A Common Stock in open-market transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction classified as an open-market sale at $62.38 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 trading plan regulatory
"transactions were executed under a Rule 10b5-1 trading plan adopted on March 13, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect ownership financial
"shares were held through indirect ownership by the reporting person’s spouse"
Form 4 regulatory
"the insider transaction was disclosed in a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Baker Hughes (BKR) CFO Moghal Ahmed Farhan report in this Form 4?
He reported open-market sales of 23,392 Baker Hughes shares on June 15, 2026. This included 20,000 directly held shares and 3,392 shares held indirectly through his spouse, all at $62.38 per share, with updated post-transaction holdings disclosed.