Baker Hughes Officer Executes 10b5-1 Plan, Reduces Holdings to 20,349 Shares

Rhea-AI Filing Summary

James E. Apostolides, Chief Infra & Performance Officer of Baker Hughes Co (BKR), reported transactions on 09/23/2025 under a Rule 10b5-1 plan adopted 11/12/2024. He exercised 6,216 stock options with a $35.55 exercise price and simultaneously sold 6,216 shares at $50. After these transactions he beneficially owned 20,349 Class A shares. The option grant dated 01/22/2018 vested in three equal annual installments beginning one year after grant.

Positive

• Trade executed under a Rule 10b5-1 plan, indicating pre-scheduled compliance with insider trading rules
• Sale and exercise disclosed promptly, with attorney-in-fact signature confirming authorized filing

Negative

• Insider sold 6,216 shares, which represents a reduction in the reporting person's direct holdings to 20,349 shares

Insights

Financial Analyst

TL;DR: Officer exercised and sold 6,216 shares under a pre-existing 10b5-1 plan, reducing direct holdings to 20,349 shares.

The exercise at $35.55 and sale at $50 implies a realized pre-tax spread of $14.45 per share on 6,216 shares, consistent with routine option monetization under an established trading plan. This disclosure is orderly and compliant, providing transparency on insider liquidity without indicating company operational changes. The size of the sale appears modest relative to a large-cap issuer and is unlikely to be material to Baker Hughes' valuation.

Corporate Governance Expert

TL;DR: Transactions executed pursuant to a Rule 10b5-1 plan; signature filed by attorney-in-fact confirms authorized execution.

The reporting notes the 10b5-1 plan adoption date and the attorney-in-fact signature, which are governance best practices for scheduled insider trades. The option grant vesting schedule from 2018 is disclosed, clarifying that these were vested, exercisable options rather than newly issued awards. No indication of accelerated grants, unusual related-party transactions, or amendments that would raise governance concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Apostolides James E

(Last) (First) (Middle)

575 NORTH DAIRY ASHFORD ROAD, SUITE 100

(Street)

HOUSTON TX 77079-1121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Baker Hughes Co [ BKR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Infra & Performance Ofcr

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/23/2025		M(1)		6,216	A	$35.55	26,565	D
Class A Common Stock	09/23/2025		S(1)		6,216	D	$50	20,349	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$35.55	09/23/2025		M(1)			6,216	(2)	01/22/2028	Class A Common Stock	6,216	$0	0	D

Explanation of Responses:

1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 12, 2024.

2. The stock option was granted on January 22, 2018 and vested in three equal annual installments beginning one year from the date of grant.

Remarks:

	/s/ Fernando Contreras, Attorney-in-fact	09/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Baker Hughes (BKR) insider James E. Apostolides do on 09/23/2025?

He exercised 6,216 stock options at a $35.55 exercise price and sold 6,216 Class A shares at $50 under a Rule 10b5-1 plan.

Was the trade part of a pre-arranged plan for BKR insider transactions?

Yes. The Form 4 states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on November 12, 2024.

How many Baker Hughes shares does Apostolides beneficially own after the transaction?

He beneficially owns 20,349 Class A common shares following the reported transactions.

When was the option grant that vested for these shares?

The stock option was granted on January 22, 2018 and vested in three equal annual installments beginning one year from the grant date.

Who signed the Form 4 filing for Apostolides?

The filing was signed by Fernando Contreras, Attorney-in-fact on behalf of the reporting person on 09/25/2025.