Baker Hughes (NYSE: BKR) CEO now directly owns 701,049 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Hughes Chairman, President and CEO Lorenzo Simonelli reported equity transactions in Class A Common Stock. On January 26, 2026, 50,857 restricted stock units were converted into the same number of Class A shares at an exercise price of $0.00 per share.
On the same date, 17,401 Class A shares were disposed of at $56.29 per share under transaction code "F". After these transactions, Simonelli directly owned 701,049 shares of Baker Hughes Class A Common Stock. Each restricted stock unit represented one share, and this vesting was the last of three equal annual installments from a January 24, 2023 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,857 shares exercised/converted
Mixed
3 txns
Insider
Simonelli Lorenzo
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit 01_23 | 50,857 | $0.00 | -- |
| Exercise | Class A Common Stock | 50,857 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 17,401 | $56.29 | $980K |
Holdings After Transaction:
Restricted Stock Unit 01_23 — 0 shares (Direct);
Class A Common Stock — 718,450 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. Represents the last of three equal annual installments that vest annually beginning on the first anniversary of the January 24, 2023 grant date.
FAQ
What insider transactions did Baker Hughes (BKR) CEO Lorenzo Simonelli report?
Lorenzo Simonelli reported converting 50,857 restricted stock units into the same number of Class A Common shares at $0.00 per share, and disposing of 17,401 shares at $56.29 per share on January 26, 2026.
What was the nature of the Baker Hughes (BKR) CEO’s restricted stock units?
Each restricted stock unit represented a right to receive, without payment, one share of Baker Hughes Class A Common Stock. The 50,857 RSUs reported vesting were the last of three equal annual installments from a January 24, 2023 grant.
What do the transaction codes M and F mean in this Baker Hughes (BKR) Form 4?
In this filing, code "M" reflects the exercise or conversion of 50,857 restricted stock units into Class A shares at $0.00 per share. Code "F" reflects the disposition of 17,401 Class A shares at $56.29 per share on the same date.
When did the Baker Hughes (BKR) CEO’s restricted stock units from the 2023 grant finish vesting?
The 50,857 RSUs reported on January 26, 2026 represented the last of three equal annual installments from the grant made on January 24, 2023. The units vested annually, beginning on the first anniversary of that grant date.
Is the Baker Hughes (BKR) CEO’s ownership on this Form 4 direct or indirect?
The filing shows the CEO’s 701,049 shares of Baker Hughes Class A Common Stock as held with direct ownership. The derivative security, a restricted stock unit award, also shows direct ownership with zero units remaining after the conversion.