BKR Sale
Simonelli Lorenzo · Chairman, President and CEO · Baker Hughes Co
Sell — $10.60M
June 22, 2026
SignificantOpen Market
Download Investor Ping
Free · iOS · No brokerage connection needed
Price / Share
$58.43
Shares
181,411
Type
Sale
Security
Class A Common Stock
AI Analysis
Baker Hughes Co’s top executive, Chairman, President and CEO Lorenzo Simonelli, sold 181,411 shares on June 22, 2026 at $58.43 per share, for a total of about $10.60 million. Because this transaction was reported as being executed under a pre-scheduled Rule 10b5-1 trading plan, it was arranged in advance and carried out automatically based on preset rules, rather than being a discretionary, real-time decision. Sales by a CEO tend to draw attention because the role typically comes with the most complete view of company operations and strategy. That said, 10b5-1 plans are commonly used to reduce the appearance of trading on nonpublic information and to allow executives to diversify or meet personal financial needs. Investors generally weigh planned sales differently than open-market, unscheduled selling. Over the last 30 days, this was the only disclosed insider transaction at Baker Hughes. The filing notes this sale fits a broader pattern of significant sales by Simonelli, but the planned nature is an important context point when interpreting what the activity may (or may not) indicate.
🔎
Track
Pick insiders or tickers to watch
Detect
We scan SEC Form 4 filings continuously
📴
Ping
Get a push notification within minutes
Insider Simonelli Lorenzo
Title Chairman, President and CEO
Filed with SEC Jun 22, 2026, 12:00 AM
Accession # 0001709160-26-000016