Baker Hughes Co 4
0001709160-26-000016
View on SEC EDGARLorenzo Simonelli, Chairman, President and CEO of Baker Hughes Co (BKR), exercised 99,911 stock options at $35.55 and sold 181,411 Class A Common shares at about $58.43 on June 22, 2026 under a Rule 10b5-1 plan.
On June 22, 2026, Baker Hughes Co Chairman, President and CEO Lorenzo Simonelli exercised 99,911 stock options with a strike price of $35.55, acquiring an equivalent number of Class A Common shares, and immediately sold 181,411 Class A Common shares at a weighted average price of $58.43 pursuant to a Rule 10b5-1 trading plan. The option exercise generated approximately $3.55 million in shares, while the sale totaled about $10.6 million in proceeds, resulting in a net reduction of his direct holdings to 703,444 Class A Common shares, which are worth roughly $41.1 million at the reported sale price. These transactions appear to be a mix of routine option exercise and planned liquidity, rather than an outright new open‑market purchase or discretionary sale.
Filing Facts
- CIK
- 1701605
- Ticker
- BKR
- Form
- 4
- Source Type
- sec
- Accession
- 0001709160-26-000016
- Alert Tier
- 6