Were the Baker Hughes (BKR) CEO’s share sales made under a Rule 10b5-1 plan?

Yes. The filing states the sale transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Lorenzo Simonelli on March 11, 2026. Such plans pre-schedule trades, reducing the significance of trade timing as an indicator of insider sentiment.

Baker Hughes (NYSE: BKR) CEO sells 181K shares and exercises options

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Baker Hughes Chairman, President and CEO Lorenzo Simonelli reported an exercise-and-sell transaction in Class A Common Stock. He sold 181,411 shares in an open-market sale at a weighted average price of $63.36 per share pursuant to a Rule 10b5-1 trading plan.

Simonelli also exercised stock options to acquire 99,911 shares at an exercise price of $35.55 per share. Following the reported sale, he directly holds 784,944 shares of Baker Hughes Class A Common Stock.

Insights

CEO executes pre-planned option exercise and sizable but partial share sale.

The filing shows Lorenzo Simonelli exercising 99,911 stock options at $35.55 and selling 181,411 Baker Hughes Class A shares at a weighted-average $63.36. This is a classic exercise-and-sell pattern, where options are converted into shares and part of the broader equity position is monetized.

A key detail is that the sale was made under a Rule 10b5-1 trading plan adopted on March 11, 2026, indicating the trades were pre-scheduled rather than opportunistic. After these transactions, Simonelli still holds 784,944 shares directly, so the sale represents a partial reduction of his equity stake rather than a full exit.

Insider Trade Summary 10b5-1

Net Seller: 181,411 shares ($11,494,201)

Net Sell 3 txns

Insider Simonelli Lorenzo

Role Chairman, President and CEO

Sold 181,411 shs ($11.49M)

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	$63.36	$11.49M

Holdings After Transaction: Stock Option (Right to Buy) — 99,911 shares (Direct, null); Class A Common Stock — 966,355 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 $62.57 to $63.75, 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 Average sale price: $63.36 per share Options exercised: 99,911 shares +3 more

6 metrics

Shares sold 181,411 shares Class A Common Stock sold in open market on June 12, 2026

Average sale price $63.36 per share Weighted average price across multiple trades

Options exercised 99,911 shares Stock options converted into Class A Common Stock

Option exercise price $35.55 per share Strike price of exercised stock options granted January 22, 2018

Shares held after sale 784,944 shares Direct Class A Common Stock ownership after transactions

Option expiration January 22, 2028 Expiration date of the stock option grant referenced

Key Terms

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

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction is pursuant to a Rule 10b5-1 trading plan adopted"

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.

Stock Option (Right to Buy) financial

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

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.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion""

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 04:41 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)
06/12/2026

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	06/12/2026		M⁽¹⁾		99,911	A	$35.55	966,355	D
Class A Common Stock	06/12/2026		S⁽¹⁾		181,411	D	$63.36⁽²⁾	784,944	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	06/12/2026		M⁽¹⁾			99,911	⁽³⁾	01/22/2028	Class A Common Stock	99,911	$0	99,911	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 $62.57 to $63.75, 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	06/16/2026
	** 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 an exercise-and-sell transaction. He sold 181,411 shares of Baker Hughes Class A Common Stock and exercised stock options for 99,911 shares, converting option awards into common stock while reducing his overall direct shareholding.

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

He sold 181,411 shares of Baker Hughes Class A Common Stock. The weighted average sale price was $63.36 per share, based on multiple transactions executed within a price range from $62.57 to $63.75 on the transaction date.

How many stock options did the Baker Hughes (BKR) CEO exercise and at what strike?

He exercised stock options covering 99,911 shares of Baker Hughes Class A Common Stock. The options had an exercise price of $35.55 per share and were originally granted on January 22, 2018, vesting in three equal annual installments.

How many Baker Hughes (BKR) shares does CEO Lorenzo Simonelli hold after these transactions?

After the reported open-market sale, Lorenzo Simonelli directly holds 784,944 shares of Baker Hughes Class A Common Stock. This figure reflects his remaining direct ownership position immediately following the June 12, 2026 transactions disclosed in the filing.

What does the weighted average sale price mean in the Baker Hughes (BKR) Form 4?

The weighted average price of $63.36 reflects multiple individual trades executed between $62.57 and $63.75. The company notes that detailed breakdowns of share counts at each specific price level are available to the issuer, shareholders, or SEC staff upon request.