Baker Hughes Chairman, President, and CEO Lorenzo Simonelli sold 272,594 shares on March 11, 2026 at $58.79 per share, a transaction worth about $16.03 million. As the company’s top executive, Simonelli’s trades tend to draw attention because they can reflect personal portfolio decisions by someone with a close view of the business and its operations. This sale also stands out because it follows a similar-sized sale just one week earlier, on March 4, when Simonelli sold an equivalent number of shares for roughly $16.66 million. Two large, back-to-back open-market sales by the CEO can be meaningful to retail investors as it shows a clear pattern of selling activity over a short period, rather than a one-off transaction. Additional selling occurred the same day from another senior officer: Chief Legal Officer Maria Georgia Magno sold shares valued at about $298.92K. While smaller in dollar terms, the presence of multiple insider sales in the same window adds context that insider activity at Baker Hughes has recently been tilted toward selling.