Was the Baker Hughes (BKR) CEO’s share sale under a Rule 10b5-1 plan?

Yes. The filing states the sale was made under a Rule 10b5-1 trading plan adopted on March 11, 2026. These pre-arranged plans automate trading based on preset instructions, reducing the role of short-term discretion in the timing of sales.

Baker Hughes (BKR) CEO sells 181K shares, exercises 99,911-share option

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Baker Hughes Co Chairman, President and CEO Lorenzo Simonelli reported an exercise-and-sell transaction involving Class A Common Stock. He sold 181,411 shares in open-market trades at a weighted average price of $58.43 per share, under a Rule 10b5-1 trading plan adopted on March 11, 2026.

On the same date, he exercised a stock option to acquire 99,911 shares of Class A Common Stock at an exercise price of $35.55 per share, fully exercising that option grant, which was scheduled to expire on January 22, 2028. The sales occurred in multiple trades within a price range of $57.54 to $59.32 per share.

Insights

CEO executes routine option exercise and pre-planned share sale.

Baker Hughes CEO Lorenzo Simonelli exercised stock options for 99,911 shares at an exercise price of $35.55, then reported selling 181,411 shares at a weighted average of $58.43. This pattern is typical for monetizing equity compensation once options are in-the-money.

The filing notes the sales were carried out under a Rule 10b5-1 trading plan adopted on March 11, 2026. Such pre-arranged plans are designed to systematize selling and reduce the significance of short-term market timing, so the informational signal is limited.

The derivative entry shows the underlying stock option was fully exercised, with the grant originally issued on January 22, 2018 and scheduled to expire on January 22, 2028. With no remaining position from this option, future equity exposure will come from other holdings and awards disclosed in separate filings.

Insider Trade Summary 10b5-1

Net Seller: 181,411 shares ($10,599,845)

Net Sell 3 txns

Insider Simonelli Lorenzo

Role Chairman, President and CEO

Sold 181,411 shs ($10.60M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	99,911	$0.00	--
Exercise	Class A Common Stock	99,911	$35.55	$3.55M
Sale	Class A Common Stock	181,411	$58.43	$10.60M

Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct, null); Class A Common Stock — 884,855 shares (Direct, null)

Footnotes (1)

This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.54 to $59.32, 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. The stock option was granted on January 22, 2018 and vested in three equal annual installments beginning one year from the date of grant.

Key Figures

Shares sold: 181,411 shares Weighted average sale price: $58.43 per share Sale price range: $57.54–$59.32 per share +4 more

7 metrics

Shares sold 181,411 shares Class A Common Stock sale on June 22, 2026

Weighted average sale price $58.43 per share Open-market sale on June 22, 2026

Sale price range $57.54–$59.32 per share Multiple trades in reported transaction

Options exercised 99,911 shares Stock option exercise on June 22, 2026

Option exercise price $35.55 per share Stock Option (Right to Buy)

10b5-1 plan adoption date March 11, 2026 Plan governing reported share sale

Option expiration date January 22, 2028 Exercised stock option grant

Key Terms

Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), derivative security

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2026."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 05:34 PM Accepted by SEC EDGAR 06/24/2026 - 05:34 PM

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).

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

TEXAS

77079-1121

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/22/2026		M⁽¹⁾		99,911	A	$35.55	884,855	D
Class A Common Stock	06/22/2026		S⁽¹⁾		181,411	D	$58.43⁽²⁾	703,444	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$35.55	06/22/2026		M⁽¹⁾			99,911	⁽³⁾	01/22/2028	Class A Common Stock	99,911	$0	0	D

Explanation of Responses:

1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2026.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.54 to $59.32, 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 January 22, 2018 and vested in three equal annual installments beginning one year from the date of grant.

Remarks:

	/s/ Fernando Contreras, Attorney-in-fact	06/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Baker Hughes (BKR) CEO Lorenzo Simonelli report?

Lorenzo Simonelli reported selling 181,411 shares of Baker Hughes Class A Common Stock and exercising stock options for 99,911 shares. The sale was an open-market transaction, while the option exercise converted a derivative award into common shares at a fixed exercise price.

At what prices did the Baker Hughes (BKR) CEO sell and exercise shares?

He sold 181,411 Baker Hughes shares at a weighted average of $58.43 per share, with individual trades from $57.54 to $59.32. He exercised stock options to acquire 99,911 shares at an exercise price of $35.55 per share.

What happened to the Baker Hughes (BKR) stock option exercised by the CEO?

The stock option for 99,911 underlying Baker Hughes shares was fully exercised, leaving zero derivative shares from that grant. It was originally granted on January 22, 2018, vested in three annual installments, and had an expiration date of January 22, 2028.

How many Baker Hughes (BKR) shares did the CEO sell in this Form 4 filing?

Lorenzo Simonelli sold 181,411 shares of Baker Hughes Class A Common Stock in open-market or private transactions. The reported price is a weighted average, and the filing notes that detailed trade-by-trade price information is available from the company or the SEC on request.