Baker Hughes (NYSE: BKR) CEO exercises options and sells 272,594 shares under 10b5-1 plan

Rhea-AI Filing Summary

Baker Hughes Chairman, President and CEO Lorenzo Simonelli reported an exercise-and-sale transaction in Baker Hughes Co stock. He exercised stock options for 187,344 shares of Class A Common Stock at an exercise price of $35.70 per share, then sold 272,594 shares at a weighted average price of $58.79 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 10, 2025. After these transactions, Simonelli directly holds 866,444 shares of Baker Hughes Class A Common Stock.

Insights

Equity compensation and insider trading analyst

Pre-planned CEO option exercise and partial share sale looks routine.

Lorenzo Simonelli exercised stock options for 187,344 Baker Hughes shares at an exercise price of $35.70, converting derivative compensation into common stock. He then sold 272,594 shares at a weighted average price of $58.79 per share.

The filing notes the sale was made under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans are pre-arranged, which typically makes the timing of the sale less informative about the executive’s short-term view of the stock.

Following the transactions, Simonelli directly holds 866,444 shares of Class A Common Stock. The derivativeSummary is empty, indicating this particular option grant, issued on August 1, 2017 and vesting over three years, has been fully exercised. Future filings may show whether additional grants are exercised or sold over time.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Simonelli Lorenzo

(Last) (First) (Middle)

575 NORTH DAIRY ASHFORD ROAD, SUITE 100

(Street)

HOUSTON TX 77079-1121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Baker Hughes Co [ BKR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/11/2026		M(1)		187,344	A	$35.7	1,139,038	D
Class A Common Stock	03/11/2026		S(1)		272,594	D	$58.79(2)	866,444	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$35.7	03/11/2026		M(1)			187,344	(3)	08/01/2027	Class A Common Stock	187,344	$0	0	D

Explanation of Responses:

1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.95 to $59.40, inclusive. Details on the number of shares sold at each separate price will be provided to the Issuer, any shareholder of the Issuer, or staff of the Securities and Exchange Commission upon request.

3. The stock option was granted on August 1, 2017 and vested in three equal annual installments beginning one year from the date of grant.

Remarks:

	/s/ Fernando Contreras, Attorney-in-fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Baker Hughes (BKR) CEO Lorenzo Simonelli report in this Form 4?

Lorenzo Simonelli reported exercising options for 187,344 Baker Hughes shares at $35.70 and selling 272,594 shares at a weighted average price of $58.79. After these transactions, he directly holds 866,444 shares of Class A Common Stock.

How many Baker Hughes (BKR) shares did the CEO sell and at what price?

He sold 272,594 shares of Baker Hughes Class A Common Stock at a weighted average price of $58.79 per share. The shares were sold in multiple trades between $57.95 and $59.40, according to the weighted-average pricing footnote.

Were Lorenzo Simonelli’s Baker Hughes (BKR) share sales pre-planned?

Yes. The filing states the transaction was executed under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans are established in advance, so the sale timing reflects pre-arranged instructions rather than an on-the-spot trading decision.

How many Baker Hughes (BKR) shares does the CEO hold after this Form 4?

After the reported transactions, Lorenzo Simonelli directly holds 866,444 shares of Baker Hughes Class A Common Stock. This figure reflects his remaining direct ownership following the option exercise and subsequent sale of 272,594 shares.

What stock options did Lorenzo Simonelli exercise in this Baker Hughes (BKR) filing?

He exercised a stock option covering 187,344 shares of Class A Common Stock at an exercise price of $35.70. A footnote explains the option was granted on August 1, 2017 and vested in three equal annual installments beginning one year after grant.

Does this Baker Hughes (BKR) Form 4 show any remaining options for the CEO?

The derivative section of the summary is empty after the reported option exercise, indicating no remaining position from this specific 2017 option grant. Any additional unexercised awards, if they exist, would be detailed in other filings or future Form 4 reports.