SEC Filing Analysis: Baker Hughes Co (BKR)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Chief Growth & Experience Officer sold ~$3.3M in stock via a pre-arranged 10b5-1 trading plan.
• Market Impact: Neutral; transaction size is negligible relative to the company's $53.6B market cap.

Company Information

Field	Value
Company	Baker Hughes Co
Ticker Symbol	BKR
CIK	0001701605
Industry	Oil & Gas Machinery

Insider Information

Field	Value
Name	BORRAS MARIA C
CIK	0001588503
Title/Position	Chief Growth & Experience Ofcr
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-16
Transaction Code	S (Open Market or Private Sale)
Security Type	Class A Common Stock
Shares Involved	60,626
Price Per Share	$54.47
Total Value	$3,302,298
Shares Owned After	92,035
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$3,302,298
% of Market Cap	0.006%
Shares Transacted	60,626
% of Shares Outstanding	0.006%
Post-Transaction Ownership	92,035 shares (0.009% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $53.62 billion, a $3.3M transaction is routine and immaterial to the broader stock liquidity.
• Ownership Concentration: The insider retains 92,035 shares. This sale represents a reduction of approximately 39.7% of their direct holdings prior to this specific transaction.
• Transaction Significance: While the dollar value is substantial for an individual ($3.3M), it falls well below the 0.1% threshold for market significance.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The sale was executed under a Rule 10b5-1 trading plan adopted months in advance (Nov 2025), indicating this was not a decision based on current non-public information.

Volume & Sentiment

• Expected Volume Impact: Negligible.
• Sentiment Indicator: Neutral. 10b5-1 sales are generally viewed as administrative liquidity events rather than bearish signals.

Additional Context

Transaction Notes

• Special Circumstances: Footnote F1 indicates this transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025. This pre-planning removes the speculative nature often associated with insider sales.