Baker Hughes CEO exercises 50,857 RSUs
Baker Hughes Chairman, President and CEO Lorenzo Simonelli reported equity transactions in Class A Common Stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit 01_23 | 50,857 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 50,857 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 17,401 | $56.29 | $980K |
Footnotes (2)
- F1. Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
- F2. Represents the last of three equal annual installments that vest annually beginning on the first anniversary of the January 24, 2023 grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Baker Hughes (BKR) CEO Lorenzo Simonelli report?
What was the nature of the Baker Hughes (BKR) CEO’s restricted stock units?
What do the transaction codes M and F mean in this Baker Hughes (BKR) Form 4?
When did the Baker Hughes (BKR) CEO’s restricted stock units from the 2023 grant finish vesting?
Is the Baker Hughes (BKR) CEO’s ownership on this Form 4 direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.