Maria Georgia Magno, who serves as Chief Legal Officer at Baker Hughes Co (NASDAQ: BKR), completed a sale of 5,063 shares of the company's Class A Common Stock on March 11, 2026. The shares were sold at $59.04 apiece, producing a total transaction value of $298,919.
The disposition was carried out pursuant to a Rule 10b5-1 trading plan that Magno adopted on November 10, 2025. Following the trade, Magno's direct ownership in Baker Hughes stands at 15,555.296 shares.
Market data at the time of reporting show the stock trading at $54.26, which is lower than the price at which Magno sold the shares. Over the trailing 12 months, Baker Hughes' shares have recorded a 32.6% return. Separate analysis from InvestingPro places a Fair Value on Baker Hughes at $57.20, and the platform's comprehensive Pro Research Report is available for Baker Hughes and more than 1,400 other U.S. equities.
Corporate financing and contract activity
In related corporate developments, Baker Hughes has arranged $9.5 billion of debt intended to support its acquisition of Chart Industries. The financing package is composed of $6.5 billion of U.S. dollar senior unsecured notes and 3 billion in euro-denominated notes. The issuance spans nine tranches with differing maturities and interest rates.
Separately, Baker Hughes disclosed that it will supply 25 electric generators to Boom Supersonic for use in artificial intelligence data centers. The electric generators are to be integrated with Boom's natural gas turbines to deliver substantial electricity capacity for those AI facilities.
Market context
Energy-sector equities, including Baker Hughes, have experienced gains amid a rise in crude oil prices. The uptick in oil prices has been associated with escalating conflict in the Middle East and a reported blockage of the Strait of Hormuz, factors that have affected oil production and export routes in the region.
This combination of an insider sale executed under a pre-arranged plan, sizeable acquisition financing, and new equipment contracts illustrates several concurrent developments at Baker Hughes. The facts presented here are limited to company-reported transactions, financing terms, contract awards, market price and return figures, and third-party valuation data cited above.